The Individual Mandate Is the Requirement That

question 23

Multiple Choice

The individual mandate is the requirement that:

• A) each health care provider provide care for Medicare patients.
• B) each health care provider provide care for Medicaid patients.
• C) each individual purchase health insurance.
• D) everyone go to school for at least 12 years.

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Definitions:

Debts

Money owed by one party to another under an agreement that repayment will occur at a later date.

Bankrupt Discharged

Refers to the legal status whereby an individual or entity, previously declared bankrupt, has been officially released from most, if not all, debt obligations by a court.

Creditor

An entity or person to whom money is owed by a debtor.

Bankruptcy and Insolvency

Legal statuses of an individual or entity that cannot repay the debts they owe to creditors.