Category: Compliance

  • The Pay or Play Percentage Increase for 2025

    The Pay or Play Percentage Increase for 2025

    The Affordable Care Act (ACA) requires large employers to offer affordable health insurance coverage to their full-time employees or face a penalty known as the “Pay or Play” tax. This tax is based on the employer’s average monthly wage (AMW) and the number of full-time employees.  The affordability rate for employer-sponsored health coverage will increase from 8.39% to…