Purpose: Using the FPL safe harbor, a plan is considered affordable if the employee’s required monthly contribution for the lowest cost self-only plan that provides minimum value does not exceed a set percentage of the FPL (annually indexed).
Applies To:
- An Applicable Large Employer (ALE) that sponsors a fully insured, self-insured, or level-funded medical plan or Individual Coverage Health Reimbursement Arrangement (ICHRA).
- An employer is an ALE for calendar year 2026 based on averaging 50 or more full-time and equivalent employees in calendar year 2025.
|
FPL Affordability |
Calendar Year 2026 Plan |
Non-Calendar Year 2026 Plan |
|
Mainland FPL |
$15,650÷12×9.96%= $129.89/mo. |
$15,960÷12×9.96%= $132.46/mo. |
|
Hawaii FPL |
$17,990÷12×9.96%= $149.31/mo. |
$18,360÷12×9.96%= $152.38/mo. |
|
Alaska FPL |
$19,550÷12×9.96%= $162.26/mo. |
$19,950÷12×9.96%= $165.58/mo. |
COMMENTS