New Affordable Care Act rules let employees use tax credits if their company plan is "unaffordable," but that calculation is based on employee coverage only and doesn't include family members.
If the employee coverage is affordable, but the dependent cost is more expensive, it creates the glitch. As long as a company offers to cover an employee's spouse and children, no matter how expensive it is, the spouse and child won't be allowed to tap the tax credits allowed under the law -- even if it would be cheaper for the family.
This quirk has generated controversy in the heated debate over health care. What's gotten less attention is how firms and employees are taking advantage.
Read more at OregonLive.com.