Which of the Following Is a Provision of the Patient

question 128

Multiple Choice

Which of the following is a provision of the Patient Protection and Affordable Care Act?

• A) Insurance companies may not legally deny coverage to anyone on the basis of a preexisting medical condition.
• B) Every firm must purchase health insurance for their employees or face a $2,000 fine per employee.
• C) Every individual must purchase their own health insurance for themselves and their dependents or pay a fine.
• D) Adult children of parents with employer-provided health insurance can remain covered by their parents' insurance through age 35.

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Definitions:

Newly Introduced Product

A product that has recently been launched into the market, often featuring new or innovative characteristics.

Existing Product

A product that has already been developed and is available in the market for consumers.

Marginal Utility

The additional satisfaction or utility gained by consuming an additional unit of a good or service.

Consumer's Income

The total amount of money earned by an individual or household, influencing their purchasing decisions and capacity.