Question

235. Despite the repeal of the individual mandate penalty, employers and individuals must continue to comply with other Affordable Care Act (ACA) provisions including all of the following except:

A. The Patient-Centered Outcomes Research Institute (PCORI) fees

B. The health insurance providers fee

C. The employer shared responsibility (pay or play) rules and related Section 6055 and Section 6056 reporting requirements

D. The 40% excise tax on high-cost employer-sponsored health plans, also known as the “Cadillac Tax”

Answer 1

An institution named Patient Centred Outcomes Research Trust Fund fee is a fees on issuers of specified health insurance policies, established by Affordable Care Act. So, the health insurance providers fees and PCORI fees are included.

Much of the Affordable Care Act has been implemented including employer shared responsibility (pay or play) rules and related Section 6055 and Section 6056 reporting requirements, however, some major provisions are not yet in effect such as Cardillac Tax - an excise on high cost.

Therefore the correct option is D. The 40% excise tax on high-cost employer-sponsored health plans, also known as the “Cadillac Tax”