All of the Following Are Part of the "State Health

question 279

Multiple Choice

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

• A) each state is required to establish an Affordable Insurance Exchange by 2014.
• B) small businesses with fewer than 50 employees will be exempt from being required to participate in the program.
• C) low-income individuals will be eligible for tax credits to offset the costs of buying health insurance.
• D) health insurance policies that meet certain specified requirements will be offered by state-run agencies, by non-profit firms, or by the federal government.

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Definitions:

Partnership

A business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Deed.

Legal Status

The standing of an entity or individual under the law, determining their rights, responsibilities, and liabilities.

Volunteer Work

involves performing tasks or providing services for the benefit of others or the community, without financial compensation.

Partnership Property

Assets co-owned by partners in a business partnership, where each partner has an interest in these assets in relation to their investment or agreement.