Which of the Following Statements Is Not True About the Medicaid

question 7

Multiple Choice

Which of the following statements is not true about the Medicaid expansion under the ACA?

• A) Families with income less than 138% of the FPL are covered.
• B) The federal government covered 100% of the total cost of the expansion from 2014-2016
• C) In June 2012, the Supreme Court ruling made the expansion mandatory for the states.
• D) Beyond 2016, the federal will pay 90% of the expansion cost, with the states paying the other 10%.

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Definitions:

One Decimal Place

A numerical value rounded to a single digit following the decimal point.

Compound Interest

A method where interest is accrued both on the initial sum either deposited or loaned out, and also on the interest that has built up over prior periods.

Nearest Cent

Rounding an amount to the closest cent (1/100th of a currency unit) based on its decimal value.

Arithmetic Operations

Fundamental arithmetic operations such as adding, subtracting, multiplying, and dividing.