if your employer's plan is considered affordable under the law you won't be eligible for a tax break if you decide to instead buy coverage through your state's marketplace. affordable employer health insurance costs no more than 9. 5% of your income and covers at least 60% of covered medical costs. you should have received a letter from your employer explaining whether the plan it offers meets the law's requirements. if you haven't ask your human resources department for information.
we are in open enrollment for our health insurance benefits. . can you please tell me if we can qualify for the exchange if the cost is less? or do we have to participate in the employer sponsored plan?