Asked by
Jaskiranvir Chauhan
on Nov 26, 2024Verified
Which of the following is not one of the new taxes imposed under the PPACA?
A) 2.9 percent excise tax on medical devices
B) 10 percent tax on indoor tanning
C) 3.8 percent tax on "junk food"
D) 40 percent tax on employers providing insurance to employees in excess of $10,200 per year for individuals or $27,500 per year for families.
Patient Protection And Affordable Care Act
A health care reform law enacted in 2010 aimed at expanding health insurance coverage and reducing the costs of healthcare for Americans.
Excise Tax
A tax imposed on specific goods, services, or transactions, often with the purpose of raising revenue or reducing consumption of certain products.
Junk Food
Junk food refers to food that is high in calories but low in nutritional value.
- Acknowledge the significance of public policies, notably tax measures and the Patient Protection and Affordable Care Act (PPACA), in shaping the healthcare framework.
Verified Answer
AS
Learning Objectives
- Acknowledge the significance of public policies, notably tax measures and the Patient Protection and Affordable Care Act (PPACA), in shaping the healthcare framework.