According to the PPACA, Which of the Following Is an Additional

question 7

Multiple Choice

According to the PPACA, which of the following is an additional protection for individuals?

• A) requiring insurance companies provide plans for people with preexisting conditions without charging more
• B) allowing insurance companies incremental rate increases to coincide with cost of living increases
• C) attaching a lifetime coverage cap to mental health and substance abuse services
• D) permitting insurance companies to adjust coverage for the chronically ill with optional cancellations

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Definitions:

Contract Terms

The specific provisions and conditions outlined in a contract that determine the rights and duties of the parties involved.

Statue Of Limitations

Legal time limits within which actions must be filed in court; beyond this period, claims are no longer enforceable. Note: The correct term is "Statute of Limitations."

UCC

The Uniform Commercial Code is an extensive collection of legislation that regulates business dealings across the United States.

Express Warranty

An explicit guarantee made by a seller about the condition and quality of a product, forming part of the contract between buyer and seller.