Affordable Care Act (ACA) Marketplace Certification (FFM)

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Which penalty under ACA Section 4980H(a) applies when an ALE fails to offer minimum essential coverage to at least 95% of its full-time employees?

The 'B' penalty triggered per uninsured employee The 'A' penalty triggered if at least one full-time employee receives a premium tax credit A flat $2,000 fine per company No penalty applies unless all employees are uninsured

Correct Answer:

The 'A' penalty triggered if at least one full-time employee receives a premium tax credit

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