Question

Which of the following statements is TRUE regarding the Affordable Care Act (commonly known by some as "Obamacare")? Please read each statement carefully. Treat each response below as its own Trua/False question. This is based off Box 13.3 in your textbook. Select one or more: a. If you do not get health insurance from your employer, and you are not eligible for Medicare or Medicald, you are required to purchase health insurance from a private company. If you do not, you can be fined/taxed. b. The Medicald Expansion portion allows Individuals and familes with an income up to 133% of the poverty line to be eligible for Medicald health insurance. c. The "individual mandate requires all employers to pay for health insurance for all of their employees working 30 more more hours a week d. The Health Insurance Marketplace (.e., exchanges) is health insurance provided by the federal government to the population e. The Healthcare Exchange is a website run through the government that provides Individuals access to information about health care plans available through private health insurance companies they can then purchase on their own. 1. Health insurance companies are required to provide comprehensive coverage that includes a minimum set of basic health services (e.g. an annual physical exam and birth control) g.Employers are required to offer insurance with $0 monthly premiums for employees making <130 % of the federal poverty line. h. Health insurance companies cannot legally drop a patient who becomes sick with a chronic disease (e.g., cancer). LUndocumented immigrants are eligible for both Medicare a and Medicaid. The federal government provides premium credits and cost-sharing subsidies (reduced payments) for those individuals who don't quality for Medicare or Medicaid, and do not recelive health insurance through their employer,, but still do not make enough money to cover private Insurance (eligibility is based on household income levels, those typically between 100 % and 400 % of the federal poverty level. k. In the "Employer Responsibility Provision," companies are required to provide affordable (9.66 % of an employee's W-2 wages) insurance coverage or be subject to a penalty (Le., taxed) if they have 50 or more employees. 1. Health insurance companies are allowed to refuse new patients that have chronic health conditions (e.g., diabetes, heart disease) m. Young aduts are allowed to stay on their parents heath insurance plans until they are 30 years of age. n. Women cannot be charged more for health insurance simply because of their gender

Answer 1

a. If you do not get health insurance from your employer and you are not eligible for Medicare or Medicaid, You are required to purchase health insurance from a private company. If you do not you can be fined/taxed?

False

b. The Medicaid expansion allows individuals and families with an income to 133% of the poverty line to be eligible for Medicaid health insurance?

True

c.The "individual mandate requires all employers to pay for health insurance for all of their employees working 30 more more hours a week?

True

d. The health insurance Market place (ie, exchanges) is health insurance provided by the federal government to the population?

False

e. The healthcare exchange is a website run through the government that provides individuals access to information about health care plans available through private health insurance companies they can then purchase on their own?

False

f. Health insurance companies are required to provide comprehensive coverage that includes a minimum set of basic health services (eg: An annual physical exam and birth control)?

True

g. Employers are required to offer insurance with $0 monthly premiums for employees making <130% of the federal poverty line?

False

h. Health insurance companies cannot legally drop a patient who becomes sick with chronic diseases. (Eg: Cancer)?

True

i. Undocumented immigrants are eligible for Medicare and Medicaid?

True

j. The federal government provides premium credits and cost-sharing subsidies (reduced payments) for those individuals who don't qualify for Medicare and Medicaid and don't receive health insurance through their employer but still do not make enough money to cover private insurance (eligibility is based on household income levels, those typically 100% and 400 % of the federal poverty level?

True

k. In the "Employer Responsibility Provision," companies are required to provide affordable (<9.66 of employees W-2 wages or be subject to a penalty (ie, taxed if they have 50 or more employees

True.

l. Health insurance companies are allowed to refuse new patients that have chronic health conditions (eg: diabetes, heart diseases)?

False

m. Young adults are allowed to stay on their parent's health insurance plans until they are 30 years of age?

False

n. Women cannot be charged more for health insurance simply because of their gender?

True