Affordable Care Act Unaffordable Coverage

Under the Affordable Care Act / Obamacare, Unaffordable coverage is defined as insurance premium over 9.5% of the employee’s household income.  With the ACA, all large employers are required to offer affordable coverage to it’s employees or else pay a maximum penalty of $2,000 per employee.

If a large employer company does not offer affordable insurance, the employee can purchase the insurance from the State Insurance Marketplace.