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$
20.34/hr
average pay rate
$
18.69/hr
average pay rate
$
14.57/hr
average pay rate
$
12.90/hr
average pay rate
$
10.17/hr
average pay rate
$
8.81/hr
average pay rate
Affordable Care Act
and the hourly workforce
ELIGIBILITY
Under the Affordable Care Act, employers must offer
affordable health coverage to full-time employees or
pay a penalty. A full-time employee is defined as anyone
that works 30+ hours per week or 130+ hours per month.
What does this mean in today’s labor market?
Industry matters - Average hours worked per week varies greatly by industry:
TENURE
Under the Affordable Care Act, employers are required to track hours for each employee
over a 3 to 12 month measurement period. Employees that work an average of 30+
hours during their measurement period will become eligible for coverage.
AFFORDABILITY
Under the Affordable Care Act, employers must offer affordable coverage to all eligible employees. ‘Affordable’
means that the monthly premium cannot exceed 9.5% of the employee’s income. Affordability can be calculated
using 1 of 3 methods. Most employers are using the ‘rate of pay’ method:
Industry matters - Max monthly premium based on average hourly pay:
Workforce trends provide valuable insight that can help employers plan for the Affordable Care Act. In fact, hiring, pay, and turnover trends
allow businesses to prepare for ACA compliance and answer questions like: Who will become eligible for coverage? When will they become
eligible? And how much will premiums cost? Find answers to these questions and more at www.equifaxworkforce.com/benchmarks.
The information in this graphic represents a snapshot of Equifax Workforce Insights and Benchmark data ranging from April 2013 through
March 2014. Equifax Workforce Insights and Benchmark data is based on aggregate income and employment data available only from
Equifax, not self-reported survey information. Please refer to www.hhs.gov/healthcare/rights/law for the most recent updates and complete
guidance on the Affordable Care Act. Equifax and the Equifax marks used herein are registered trademarks of Equifax, Inc. © 2014 Equifax
Workforce Solutions, a/k/a TALX Corporation, a wholly owned subsidiary of Equifax Inc., Atlanta, Georgia. All rights reserved.
66%of the U.S. workforce is hourly.
hourly
pay rate
130
hours
X X =9.5%
of income
maximum monthly premium
for an employee’s self-only plan
37
hrs/week
Finance
34
hrs/week
Healthcare
33
hrs/week
Education
29
hrs/week
Staffing 	
26
hrs/week
Retail
23
hrs/week
Restaurant
That represents
active employees.
73.6 million
Most employers are
using a measurement
period of
12months
So to be eligible for coverage,
an employee must stay for
at least 12 months.
59%
of hourly workers are
working 30+ hours per week.
$
251.20
max premium
Healthcare
$
230.82
max premium
Education
$
179.94
max premium
Finance
$
159.32
max premium
Staffing 	
$
125.60
max premium
Retail
$
108.80
max premium
Restaurant
71%of hourly employees have been
at their job longer than 12 months.
This means that 71% of the
U.S. hourly workforce may
become eligible for coverage.

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Affordable Care Act’s Impact on the Hourly Workers

  • 1. $ 20.34/hr average pay rate $ 18.69/hr average pay rate $ 14.57/hr average pay rate $ 12.90/hr average pay rate $ 10.17/hr average pay rate $ 8.81/hr average pay rate Affordable Care Act and the hourly workforce ELIGIBILITY Under the Affordable Care Act, employers must offer affordable health coverage to full-time employees or pay a penalty. A full-time employee is defined as anyone that works 30+ hours per week or 130+ hours per month. What does this mean in today’s labor market? Industry matters - Average hours worked per week varies greatly by industry: TENURE Under the Affordable Care Act, employers are required to track hours for each employee over a 3 to 12 month measurement period. Employees that work an average of 30+ hours during their measurement period will become eligible for coverage. AFFORDABILITY Under the Affordable Care Act, employers must offer affordable coverage to all eligible employees. ‘Affordable’ means that the monthly premium cannot exceed 9.5% of the employee’s income. Affordability can be calculated using 1 of 3 methods. Most employers are using the ‘rate of pay’ method: Industry matters - Max monthly premium based on average hourly pay: Workforce trends provide valuable insight that can help employers plan for the Affordable Care Act. In fact, hiring, pay, and turnover trends allow businesses to prepare for ACA compliance and answer questions like: Who will become eligible for coverage? When will they become eligible? And how much will premiums cost? Find answers to these questions and more at www.equifaxworkforce.com/benchmarks. The information in this graphic represents a snapshot of Equifax Workforce Insights and Benchmark data ranging from April 2013 through March 2014. Equifax Workforce Insights and Benchmark data is based on aggregate income and employment data available only from Equifax, not self-reported survey information. Please refer to www.hhs.gov/healthcare/rights/law for the most recent updates and complete guidance on the Affordable Care Act. Equifax and the Equifax marks used herein are registered trademarks of Equifax, Inc. © 2014 Equifax Workforce Solutions, a/k/a TALX Corporation, a wholly owned subsidiary of Equifax Inc., Atlanta, Georgia. All rights reserved. 66%of the U.S. workforce is hourly. hourly pay rate 130 hours X X =9.5% of income maximum monthly premium for an employee’s self-only plan 37 hrs/week Finance 34 hrs/week Healthcare 33 hrs/week Education 29 hrs/week Staffing 26 hrs/week Retail 23 hrs/week Restaurant That represents active employees. 73.6 million Most employers are using a measurement period of 12months So to be eligible for coverage, an employee must stay for at least 12 months. 59% of hourly workers are working 30+ hours per week. $ 251.20 max premium Healthcare $ 230.82 max premium Education $ 179.94 max premium Finance $ 159.32 max premium Staffing $ 125.60 max premium Retail $ 108.80 max premium Restaurant 71%of hourly employees have been at their job longer than 12 months. This means that 71% of the U.S. hourly workforce may become eligible for coverage.