Which of the Following Is the Penalty for an Employer

question 14

Multiple Choice

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

• A) The employer may be required to pay up to 10 percent of the annual cost of the group plan or $500,000, whichever is less.
• B) The employer may be required to pay up to 20 percent of the annual cost of the group plan or $300,000, whichever is less.
• C) The employer may only be required to pay up to 10 percent of the annual cost of the group plan.
• D) The employer may only be required to pay up to 20 percent of the annual cost of the group plan.
• E) The employer may only be required to pay up to a fee of $50,000.

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Definitions:

Intercostal Artery

An artery that runs between the ribs, supplying blood to the chest wall and surrounding muscles.

Brachial Artery

The major blood vessel of the upper arm that supplies blood to the arm and hand.

Axillary Artery

A major blood vessel that carries oxygenated blood to the lateral aspect of the torso, armpit, and upper limb.

Median Cubital Artery

The median cubital artery is a superficial blood vessel in the elbow region that connects the cephalic and basilic veins and is often used for venipuncture.