Which of the Following Statements Regarding the Health Insurance Portability

question 27

Multiple Choice

Which of the following statements regarding the Health Insurance Portability and Accountability Act is true?

• A)It guarantees the availability of group health insurance to small employers.
• B)It requires employers to provide at least a minimum level of health benefits prescribed by law.
• C)It requires giving credit for previous coverage with respect to any preexisting conditions exclusion found in a new health plan.
• D)It limits preexisting conditions exclusions to 90 days.

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Definitions:

Traditional Marketplace

A physical space where buyers and sellers gather to exchange goods and services, often characterized by face-to-face transactions.

Tangible

describes physical objects that can be seen, touched, and measured, as opposed to intangible items like services or digital products.

Time Utility

The value added to products or services by making them available at the most opportune time.

Digital Marketspace

An online platform or environment where businesses and consumers can interact and conduct transactions electronically.