Ohio Insurance Laws and Regulations Practice Exam

Question: 1 / 400

As of January 1, 2014, an employer with up to 25 full-time equivalents with average annual wages of less than $50,000 may be eligible for a tax credit of what percentage of the premiums paid for employer-provided health insurance?

25%

35%

50%

This is because A, B, and D are all higher percentages, and these percentages would result in a higher tax credit for the employer, making them incorrect options. Additionally, these higher percentages would also result in a higher cost for the government, making them an unlikely option. Option C, on the other hand, is a more reasonable percentage for both the employer and the government.

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