IRS Proposed Premium Tax-Credit Regulations
Signal Direction Of Future Guidance On Employer
Pay-Or-Play Penalties
The IRS has issued proposed regulations implementing health insurance premium tax credits. The proposed regulations:
- Clarify the eligibility criteria for health insurance premium tax credits
- Provide guidance regarding determining the affordability of employer-sponsored coverage
- Provide guidance on calculating the premium tax credit
- Offer previews of anticipated future guidance relating to the employer affordable coverage mandates and pay-or-play penalties
