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Important change made to affordability calculations for 2024

Updated: Feb 19

Helping employers with their affordability calculations can be one of the most valuable things you can do as a benefits consultant. 

The safe harbors, after all, can get a bit confusing: 

Which one do I use? 

How do I calculate it? 

What percentages do I need to use for what years? 

In this video, we cover the recently updated Federal Poverty Level affordability safe harbor - which increased from the prior year. 

Understanding this calculation will not only help you help employers do their calculations, but also to point them in the right direction as to which safe harbor to use. 

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We help benefits consultants eliminate fines, penalties, and lawsuits for their employer clients. We use proven tools, technology, and process to increase the compliance capabilities across the entire EB practice to transform you into a highly profitable, competent, elite EB organization. Click here to learn more about working with us directly. Click here to learn more about our online program, BCS Transform.

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