Which of the Following Is a Provision of the CHIP

question 8

Multiple Choice

Which of the following is a provision of the CHIP funding extension of 2017?

• A) Extended coverage through fiscal year 2023 with a gradual increase for federal funds
• B) Provided federal funding for CHIP that matched the individual state's Medicaid requirements
• C) Maintained coverage for families with incomes below 300% of the federal poverty level
• D) Extended the age of eligibility to 26 for full time college students

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Definitions:

Quarterly Basis

A periodic measure or evaluation of data in intervals of three months, often used in financial reporting and performance tracking.

Reverse Stock Split

A corporate action in which a company reduces the number of its current outstanding shares to increase the per-share price, without altering the company's market capitalization.

Liquidity

The measure of how easily assets can be converted into cash without affecting their value.

Residual Dividend Policy

A strategy where a company pays dividends from the residual or leftover equity only after all project capital needs are met.