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Config Option - SubsidyAnnualAmount

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The SubsidyAnnualAmount property specifies the annual dollar amount of the subsidy tax an employer pays for those employees who elect to use a different health care plan than offered by the employer.

Note: This tax does not apply to those employees who are covered under their spouse's health care plan.

SubsidyAnnualAmount properties

Admin Tools location: Config Option > System > System > Healthcare
Default: $3000
Valid values: Dollar amount per qualifying fulltime or fulltime equivalent employees, based on the subsidy tax as set by the federal government.
Where the setting is reflected... Calculations based on this value appear in the Reports section.

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