Fact Pattern 12-2 Paige Is 64 Years Old and Would Like to Retire

question 24

Multiple Choice

Fact Pattern 12-2
Paige is 64 years old and would like to retire from her job at a large accounting firm. She, however, is concerned about health insurance. She would not be eligible for Medicare benefits until age 65, and due to some serious health conditions, she would not be able to obtain insurance in the private market. She has good health insurance at the accounting firm and is considering putting off her retirement so that she can keep it.
-Refer to Fact Pattern 12-2.Which of the following would likely enable Paige to keep her insurance with the accounting firm until she is eligible for Medicare?

• A) The Health Insurance Portability and Accountability Act
• B) The Consolidated Omnibus Budget Reconciliation Act
• C) The Employee Security Act
• D) The Insurance Protection Act

---

Definitions:

Model T

An iconic affordable automobile produced by Ford Motor Company from 1908 to 1927, revolutionizing transportation and American industry.

General Motors

An American multinational corporation headquartered in Detroit, Michigan, that designs, manufactures, markets, and distributes vehicles and vehicle parts.

Electric Car

A vehicle that is propelled by one or more electric motors, using energy typically stored in rechargeable batteries.

American Economy

The economic system of the United States, characterized by mixed economy principles, including private enterprise alongside government regulation.