Which of the Following Is NOT True of Obama's Plan

question 46

Multiple Choice

Which of the following is NOT true of Obama's plan for health care insurance in the United States?

• A) Insurance companies can legally refuse to provide coverage to those with a pre-existing condition.
• B) All families will pay an insurance tax.
• C) Parents can use their health care plans to include children up to age 26.
• D) Insurance companies cannot set caps on the amount of money they will pay to an individual for medical expenses over a lifetime.

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Definitions:

Profit Center

A branch or division of a company that is directly responsible for generating its own revenue and profits.

Division Profit

This refers to the net income generated by a specific division or segment of a larger company.

Company-wide Profit

represents the total earnings of a company after all expenses and taxes have been deducted from revenue, reflecting the overall financial performance across all departments and activities.

Transfer Price

The cost at which products, services, or intellectual property are exchanged between departments inside the same corporation.