Asked by
Subhrajit Patra
on Dec 11, 2024
Verified
When the Patient Protection and Affordable Care Act is fully implemented, it will
A) substantially reduce the share of health care expenses paid by a third party.
B) require individuals to pay an annual tax-penalty of up to $695 if they do not have an approved health insurance plan.
C) require firms with fewer than 50 employees to provide health insurance for their workers.
D) make it legal for individuals to purchase health insurance from an insurer in another state.
Patient Protection
Measures and policies implemented to safeguard patients' health, privacy, and rights within the healthcare system.
Affordable Care Act
A healthcare reform law enacted in 2010 aimed at increasing insurance coverage and reducing healthcare costs.
Tax-Penalty
Financial charges imposed by authorities on individuals or organizations for violating tax laws or regulations.
- Ascertain the effects that government policies, specifically the Patient Protection and Affordable Care Act, have on the healthcare marketplace.
Verified Answer
HS
Learning Objectives
- Ascertain the effects that government policies, specifically the Patient Protection and Affordable Care Act, have on the healthcare marketplace.