Question

An employer may qualify for health care tax credits through the SHOP Marketplace if that employer has fewer than how many employees?

a) 25 employees
b) 50 employees
c) 75 employees
d) 100 employees

Answer 1

Employers can qualify for health care tax credits through the SHOP Marketplace if they have fewer than 25 employees, as part of the ACA's measures to encourage small businesses to provide insurance benefits. The correct option is A.

Step-by-step explanation:

An employer may qualify for health care tax credits through the SHOP Marketplace if the employer has fewer than 25 employees. This incentive is part of the Affordable Care Act (ACA), which includes an employer mandate requiring all employers with more than 50 employees to offer health insurance.

The ACA aims to expand coverage and has implemented various tax measures to fund health care reforms. However, for smaller businesses, the SHOP tax credits are meant to make it more feasible for them to provide health insurance benefits.