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Noncustodial Parents Formulas return to:20182019Office of Financial Aid Dickinson College P.O. Box 1773 Carlisle, PA 17013Phone: (717) 2451308 Fax: (717) 2451972 Email: finaid@dickinson.eduThis form

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What is value and affordability?

Value and affordability refer to the assessment of the financial aspects of a product or service, particularly in relation to consumer's ability to pay for it while ensuring it meets required standards.

Who is required to file value and affordability?

Employers or organizations that offer health plans to their employees, especially under the Affordable Care Act (ACA), are required to file value and affordability.

How to fill out value and affordability?

To fill out value and affordability forms, employers must collect necessary employee data, calculate the cost of health benefits against employee income, and provide accurate information on the forms according to IRS guidelines.

What is the purpose of value and affordability?

The purpose of value and affordability is to ensure that health insurance coverage provided by employers is both adequate in value and affordable for employees, promoting access to essential health services.

What information must be reported on value and affordability?

The reported information typically includes the total annual premium for the lowest-cost health plan option, employee contribution amounts, and employee's household income details.

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