Question

In: Finance

Lena frequently changes job and as a result, had 3 separate 1 month gaps in health...

Lena frequently changes job and as a result, had 3 separate 1 month gaps in health insurance coverage in 2018 if she is not exempt from the individuals share responsibility payment for how many months must she pay a penalty?

Solutions

Expert Solution

She will have to pay the penalty for the period of the gap. This is equalto 3/12 of the total penalty amount.

Hence she will have to pay penalty for 3 months.


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