Asked by
Nikki Rojas
on Dec 11, 2024Verified
The Patient Protection and Affordable Care Act will require
A) health insurers to provide coverage to applicants regardless of prior health conditions.
B) all Americans to purchase an approved health insurance policy or pay a tax-penalty for failing to do so.
C) employers with more than 50 full-time employees to either provide approved health insurance for their employees or pay a fine for the failure to do so.
D) all of the above.
Patient Protection
Refers to laws and regulations designed to safeguard consumers' health and financial interests in healthcare settings.
Affordable Care Act
A comprehensive health care reform law enacted in March 2010 (commonly known as Obamacare), aimed at expanding health insurance coverage, controlling health care costs, and improving health care quality.
Health Insurers
Companies that provide coverage for healthcare services in exchange for premium payments.
- Grasp the repercussions that governmental actions, including the Patient Protection and Affordable Care Act, exert on the healthcare market.
Verified Answer
JT
Learning Objectives
- Grasp the repercussions that governmental actions, including the Patient Protection and Affordable Care Act, exert on the healthcare market.