The ABC Co. has 75 full-time employees. It does not offer any health insurance to those employees, some of whom buy insurance policies from the ACA Marketplace and qualify for federal subsidy. What is its annual penalty under the ACA's employer mandate?
A.The greater of $1 million or 20% of ABC's gross revenue.
B.The lesser of $1 million or 20% of ABC's gross revenue.
C.$150,000.
D.$90,000.