If an employer has a plan that reimburses more than one employee for his or her...
If an employer has a plan that reimburses more than one employee for his or her individual policy health insurance premiums:
a. The arrangement can trigger an Affordable Care Act penalty of $100 per employee per day
b. The arrangement can trigger an annual Affordable Care Act penalty of $500 per employer
c. The arrangement can trigger an Affordable Care Act penalty of $195 per employee per month
d. The arrangement can result in an annual federal income tax credit of up $ 2,500 per employee
d. The arrangement can trigger an Affordable
Homework Answers
a. The arrangement can trigger an Affordable Care Act penalty of $100 per employee per day.
affordable health care act discourages employers to reimburse employee for his or her individual policy health insurance premiums.
a violation will lead to a penalty of $100 per day per employee subject to a maximum of $36,500 per employee per year.
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