Which of the following is NOT a true statement about the Protection and Affordable Care Act of 2010?
A)Employers must offer health insurance coverage to employees who work at least 30 hours per week.
B)Employers will be required to pay a 20% excise tax on high-cost health insurance plans.
C)Contributions to health care flexible spending accounts have been capped at $2,500.
D)Health plans with dependent coverage must expand eligibility up to age 26.

Question

Quizplus · Accepted Answer

B)In 2018, a 40% excise tax on high cost health insurance plans goes into effect. Employers must offer coverage to employees including those working at least 30 hours per week, contributions to health care flexible spending arrangements will be limited to $2500 as of January 1, 2013, and individual and group health plans that already provide dependent coverage must expand eligibility up to age 26.

Which of the Following Is NOT a True Statement About