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

question 3

Multiple Choice

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

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

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Definitions:

General Direction

The overall strategic approach or guidance for the operations and decisions of an organization or project.

Term to Maturity

The duration of time left until the expiration or due date of a financial instrument, such as a bond, at which point the principal is supposed to be paid back to investors.

Coupon

A coupon refers to the annual interest rate paid on a bond, expressed as a percentage of the face value.

Yield to Maturity

The total return anticipated on a bond if it is held until it matures, considering all payments of interest and principal.