2015 PA 152 Hard Cap Limits Announced for Michigan Public Employers
Public Act 152 requires public employers in Michigan to adopt a contribution limit to health plans of 80/20%, a hard cap on employer contributions, or elect to opt-out of the contributions (if applicable). Opting out results in a loss of certain state revenue sharing for the employer.
Each year, the hard cap limits are announced by the Michigan Department of Treasury (see 2015 limits).
For 2015, the hard cap limits are:
• Single Coverage: $5,992.30
• Dual Coverage: $12,531.75
• Family; $16,342.66
Posted on October 02, 2014 by BEN COHEN, CEBS, PRACTICE LEADER, HEALTH AND WELFARE BENEFITS