Question

The Patient Protection and Affordable Care Act of 2010 will add a new funding source in...

The Patient Protection and Affordable Care Act of 2010 will add a new funding source in 2018. That source is ____.

Select one:

a. an excise tax on the healthcare plans with most benefits

b. new excise taxes on alcoholic beverages

c. new excise taxes on tobacco products

d. a new excise tax on fast food restaurants

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Answer #1

a. an excise tax on the healthcare plans with most benefits

Explanation: A 40% excise tax was planned to be imposed on certain high-cost employer-sponsored health insurance plans starting from 2018 to fund the ACA.

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