Ohio Insurance Laws and Regulations Practice Exam

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Prepare for the Ohio Insurance Laws Exam. Study with comprehensive materials, including flashcards and quizzes. Each question is detailed with explanations. Set yourself up for success!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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How many employees must an employer have to qualify for health care tax credits through the SHOP marketplace?

Fewer than 25
More than 50
Exactly 25
More than 100

The correct answer is: Fewer than 25

The other options are incorrect because they do not satisfy the requirements for qualifying for health care tax credits through the SHOP marketplace. Option B states "More than 50" which is incorrect because the requirement is to have fewer than 25 employees. Option C states "Exactly 25" which is also incorrect because it does not account for having fewer than 25 employees. Option D states "More than 100" which is incorrect because it exceeds the maximum number of employees allowed for qualifying for health care tax credits through the SHOP marketplace. Therefore, option A, with the specification of "fewer than 25", is the correct answer.