Asked by Brittany Dobson on Apr 26, 2024
Verified
For businesses with fewer than ______ fulltime employees, there is no health insurance requirement, according to the Health Care Reform Act.
A) 10
B) 50
C) 30
D) 100
Fulltime Employees
Individuals who are contracted to work the full number of hours defined as full-time by their employer, typically experiencing benefits not offered to part-time employees.
Health Insurance
A type of insurance coverage that pays for medical and surgical expenses incurred by the insured, often also covering disability or long-term nursing or custodial care needs.
- Acquire knowledge of the regulatory system that oversees the operation of businesses, including aspects such as zoning regulations, requirements for health insurance, and safety in the workplace.
Verified Answer
SG
Shelby GarnerApr 30, 2024
Final Answer :
B
Explanation :
The Health Care Reform Act, specifically the Affordable Care Act (ACA), mandates that businesses with 50 or more full-time employees must provide health insurance to their employees or face penalties. This requirement does not apply to businesses with fewer than 50 full-time employees.
Learning Objectives
- Acquire knowledge of the regulatory system that oversees the operation of businesses, including aspects such as zoning regulations, requirements for health insurance, and safety in the workplace.