[Client Alert]: 2021 Adjustments for ACA’s OOP Limits, Penalty Amounts, and Affordability
Fraser
OCTOBER 8, 2020
Specifically, HHS finalized the premium adjustment percentage as 1.3542376277 for the 2021 benefit year, which is then multiplied by the original 2015 penalty amounts (Part A was $2,000 and Part B was $3,000) and rounded down to the nearest multiple of ten. See Q&A 55 on Employer Shared Responsibility Provisions under the ACA.
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