Question

Under the Health Care and Education Reconciliation Act, employers offering high-end health care policies in 2018 will be required to pay additional taxes to help fund the Act's plan. A high-end health care policy is defined as one costing more than:

Answer 1

Answer:

$27500

Explanation:

Health care policies are plans or actions taken to achieve a goal in the healthcare industry.

A high-end health care policy is defined as one costing more than $27,500 for family coverage and $10,200 for single coverage. Under the Health Care and Education Reconciliation Act, If the employer is offering a plan that is more than $27,500 for family coverage of $10,200 for single coverage, the employer as of 2018 will be required to pay additional taxes based on the total cost of the plan.