In: Finance
Question 1
Which of the following are part of the Affordable Care Act (i.e. ObamaCare)?
1. With the exception of short-term plans, every health insurance plan in the U.S. must offer coverage for physicals, immunizations, birth control and a variety of other services.
2. An applicant for health insurance cannot be denied due to a pre-existing condition.
3. The Individual Mandate requires that all adults have health insurance or else they will pay a penalty.
4. Children can stay on a parent's insurance plan until age 26. Insurance plans cannot have a lifetime maximum payout.
5. Women can be charged more than men due to having higher average lifetime medical costs.
6. Employers with more than 50 full-time employees must offer employees a health plan.
7. States have the option of expanding Medicaid coverage to individuals and families earning up to 138% of the Federal Poverty level with the state contributing 10% of the additional cost and the Federal government contributing the remaining 90%
The following are part of ACA(Obama Care)
Option 1,2,3,4,6,7.
option 5 doesnt fall into ACA as Obama Care eliminates gender discrimination so that no individuals are charged more.