All of the Following Are Part of the "Individual Mandate

question 119

Multiple Choice

All of the following are part of the "individual mandate" provision of the Patient Protection and Affordable Care Act (ACA) except

• A)individuals were allowed to opt out of the insurance program if they could prove they had no serious health issues and did so before the act fully took effect in the year 2014.
• B)in 2016, fines for not having health insurance are the greater of $695 per person or 2.5 percent of income.
• C)individuals who do not acquire health insurance will be subject to a fine.
• D)with limited exceptions, every resident of the United States will be required to have health insurance that meets certain basic requirements.

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Definitions:

Possible Routes

Potential paths or methods that can be taken in a process or towards a destination.

Northwest Corner Rule

An allocation technique used in transportation and logistics to minimize costs by initially assigning shipments to the cheapest routes starting from the northwest corner of a cost matrix and proceeding accordingly.

Intuitive Method

A cost-based approach to finding an initial solution to a transportation problem.

Improvement Index

An indicator or metric used to quantify the level of improvement in a process, product, or service over time.