Which of the Following Is Not True Regarding Government Regulations

question 80

Multiple Choice

Which of the following is not true regarding government regulations to allow individuals who change jobs to maintain health insurance coverage?

• A) You may continue your health insurance provided through an employer's plan for 18 months after you stop working for that employer.
• B) Even if you retire, you may continue coverage for 18 months unless you qualify for Medicare.
• C) If you change jobs, a new insurance company cannot deny you coverage based on your health, medical condition, previous claims, or disability.
• D) When changing jobs, you are allowed to stop and start health care plans whenever you need to and still be guaranteed insurance coverage by a new provider.

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Definitions:

Utilities Possibilities Frontier

A curve that represents the maximum utility levels that can be achieved by an economy given efficient allocation of resources.

Utility

In economics, the total satisfaction received from consuming a good or service.

Marginal Utility

The additional satisfaction or utility gained from consuming one more unit of a good or service.

Apples

In economic terms, apples can be used as an example commodity to discuss principles like supply, demand, and market equilibrium.