Which of the following is the penalty for an employer who fails to comply with COBRA requirements?

Question

Quizplus · Accepted Answer

A)Employers who fail to comply with the law may be required to pay up to 10 percent of the annual cost of the group plan or $500,000,whichever is less.
B)Employers who fail to comply with the law may be required to pay up to 10 percent of the annual cost of the group plan or $500,000,whichever is less.
C)Employers who fail to comply with the law may be required to pay up to 10 percent of the annual cost of the group plan or $500,000,whichever is less.
D)Employers who fail to comply with the law may be required to pay up to 10 percent of the annual cost of the group plan or $500,000,whichever is less.
E)Employers who fail to comply with the law may be required to pay up to 10 percent of the annual cost of the group plan or $500,000,whichever is less.

Which of the Following Is the Penalty for an Employer