Under the Patient Protection and Affordable Care Act,the "pay or play" provision means that:
A) All employers with more than 15 employees have to offer health insurance benefits or they will face financial penalties.
B) All employers have to offer health insurance benefits or their state taxes will increase.
C) they have to participate in the health care exchanges or they have to offer health insurance benefits through the company.
D) all employers with more than 50 employees have to offer health insurance benefits or they will face financial penalties.
E) All employers have to offer health insurance benefits or have to subsidize employee purchases of individual plans at a rate of 80% of the cost of the insurance.
Correct Answer:
Verified
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