What is Minimum Value? How can I be sure my company’s insurance benefits meet Minimum Value?
In order to meet ACA Minimum Value requirements, an
employer-sponsored health insurance plan must cover at least 60 percent of the
expected cost of benefits. For specific information and to find tools for
calculating Minimum Value, see the IRS’s Minimum
Value and Affordability page.
Article Modified on: Tue, Oct 4, 2016 at 3:41 PM
Did you find it helpful?
Yes
No
Send feedback Sorry we couldn't be helpful. Help us improve this article with your feedback.
The services listed as part of this article are conditioned upon and subject to the terms of an active managed services agreement with ACA TRACK.
This information is provided for educational purposes only and should not be construed as legal or tax advice.
ACA Track cannot guarantee that this information reflects the most updated legal developments, verdicts, legislation, rulings or settlements
and suggests seeking professional legal and/or tax advice prior to making any decisions regarding your specific reporting needs.
Looking for an ACA reporting service?
Click here to find out how ACA Track can help.