The definition has been 9.5%. The new definition is 9.56%. What does it mean?
For purposes of “pay or play” it means that the contribution made by an employee for the “employee only” share of the premium cannot exceed 9.56% of their annual wages.
For purposes of qualifying for a subsidy on the state exchange (Covered California), an employee must have paid more than 9.56% of their annual wages for their share of the “employee only” share of the premium