![IRS Sets 2023 Health Plan Premium Affordability Threshold at 9.12% of Pay](https://cdn.shrm.org/image/upload/c_crop%2ch_407%2cw_724%2cx_0%2cy_0/c_fit%2cf_auto%2cq_auto%2cw_767/v1/Benefits/health_bills_blhbhj?databtoa=eyIxNng5Ijp7IngiOjAsInkiOjAsIngyIjo3MjQsInkyIjo0MDcsInciOjcyNCwiaCI6NDA3fX0%3d)
The IRS announced that the 2023 health plan affordability threshold—used to determine if an employer's lowest-premium health plan meets the Affordable Care Act's (ACA's) affordability requirement—will be 9.12 percent of an employee's "household income," down from the 2022 limit of 9.61 percent. Read more.