Affordable Care Act (ACA) Marketplace Certification (FFM)

Question 1

Under the ACA employer mandate, how many full-time equivalent employees must an employer have to be considered an Applicable Large Employer (ALE)?

25 or more 50 or more 100 or more 75 or more

Correct Answer:

50 or more

Question 2

What IRS form must ALEs file annually to report information about health coverage offered to full-time employees?

Form 1094-B Form 1095-A Form 1094-C Form W-2

Correct Answer:

Form 1094-C

Question 3

Under the ACA, what is the minimum value standard that employer-sponsored health plans must meet?

The plan must cover at least 50% of the total allowed costs The plan must cover at least 60% of the total allowed costs The plan must cover at least 70% of the total allowed costs The plan must cover at least 80% of the total allowed costs

Correct Answer:

The plan must cover at least 60% of the total allowed costs

Question 4

What is the ACA affordability threshold for employer-sponsored coverage based on in 2024?

Coverage must cost no more than 9.02% of the employee's household income Coverage must cost no more than 8.39% of the employee's household income Coverage must cost no more than 10% of the employee's household income Coverage must cost no more than 7.5% of the employee's household income

Correct Answer:

Coverage must cost no more than 8.39% of the employee's household income

Question 5

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

Question 1

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About this Exam

Prepare with the Affordable Care Act (ACA) Marketplace Certification (FFM) practice quiz. This question bank includes 30 questions covering stakeholder, health, communication, engagement, and value. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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Affordable Care Act (ACA) Marketplace Certification (FFM)

This practice set contains 30 questions from the matching question bank and focuses on stakeholder, health, communication, engagement, and value. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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About this Exam

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Affordable Care Act (ACA) Marketplace Certification (FFM)

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