As Per the Provisions of the Affordable Care Act, Companies

question 15

True/False

As per the provisions of the Affordable Care Act, companies in the United States are prohibited from increasing the fixed copay amount, decreasing the percentage, or decreasing the dollar amount that employees share for costs.

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Definitions:

1933 Securities Act

A federal statute that requires securities sold in the U.S. to be registered and to disclose relevant financial information, aiming to protect investors from fraud.

General Solicitation

The act of publicly advertising or promoting an investment opportunity, often regulated by securities law to protect investors.

Noninvestment Company

An entity primarily engaged in operations other than investing, reinvesting, or trading in securities and does not qualify as an investment company under relevant regulations.

1933 Act

The U.S. Securities Act of 1933, a federal law enacted as a result of the stock market crash of 1929, aimed at regulating the securities market and protecting investors.