All of the Following Are Part of the "Regulation of Health

question 26

Multiple Choice

All of the following are part of the "regulation of health insurance" provision of the Patient Protection and Affordable Care Act (ACA) except

• A)individuals with pre-existing medical conditions are able to acquire health insurance.
• B)all policies must provide coverage for dependant children up to age 26.
• C)lifetime dollar maximums on coverage are prohibited.
• D)limits on the size of deductibles and on waiting periods before coverage takes effect have been eliminated.

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Definitions:

Fixed Costs

Fixed costs refer to the expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.

Normal Rates

The usual or average rates for something within a particular context, such as interest rates or growth rates.

Above Normal

Refers to performance, conditions, or results that exceed the usual or expected standard.

Prices

The monetary values assigned to goods, services, and assets in an economy, influencing demand, supply, and consumption.