Benefits and Compensation

New Proposed IRS Rule on What Constitutes “Minimum Value” under ACA

As you probably know by now, it’s not enough under the Affordable Care Act (ACA) for employer-sponsored health plans to merely provide health coverage to employees—that coverage also has to be affordable and provide minimum value.

But what, exactly, constitutes “minimum value”? The IRS has released a new proposed rule that spells it out more fully. (Spoiler alert: It involves more than handing over a stethoscope and a bottle of aspirin.)

Read more here.

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