Which of the Following Is True of the Patient Protection

question 3

Multiple Choice

Which of the following is true of the Patient Protection and Affordable Care Act?

• A) It requires firms with 30 or more employees to provide health care coverage.
• B) It encourages insurance companies to set rates based on an individual's health status.
• C) It extends dependent coverage up to age 26.
• D) It eliminates coverage for preventive services.

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Definitions:

External Cost

Costs of a transaction that affect people other than the buyer or seller, typically not reflected in the market price.

Air Pollution

The presence of harmful substances in the air, often resulting from human activities, leading to environmental and health issues.

Tennessee

A U.S. state located in the southeastern region, known for its music heritage, particularly in cities like Memphis and Nashville.

Government Intervention

The actions taken by a government to influence or regulate various activities within its economy.