Under Obamacare,the Requirement That Every American Purchase Health Insurance or Face

question 37

Multiple Choice

Under Obamacare,the requirement that every American purchase health insurance or face a tax penalty is known as what?

• A)Medicare
• B)Medicaid
• C)SCHIP
• D)individual mandate

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Definitions:

Trade Discount

A deduction from the list price of goods or services provided by a seller to a buyer, usually based on the volume of transaction or to maintain a strategic partnership.

Net Price

The price that a distributor will charge a customer after any trade discounts have been subtracted from the list price.

Discount Method

A financing or accounting method where interest and other finance charges are subtracted from the loan amount before the borrower receives funds.

Complement Rates

The relationship between two rates where the sum totals a certain whole, often used in contexts like complementary angles or probability.