Question 58 of 100. Which of these is incorrect regarding the ACA individual Sha

Question

Question 58 of 100. Which of these is incorrect regarding the ACA individual Shared Responsibility penalty for 2018? To calculate the payment, you would calculate 2.5% of the household income. O To calculate the payme O When adding the numbers for family members without coverage, you would not calculate more than $2.085. O The payment is capped by the second lowest national average silver premium. nt, you would need to add $695 per tax family member ($347.50 per child under age 18) without coverage.

Explanation / Answer

The correct answer is "The payment is capped by the second lowest national average silver premium.

Reason:- Payment amount is capped at the cost of the national average bronze level health plan premium.

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