Which of the following statements about the U.S. healthcare system is true? One goal of...

Which of the following statements about the U.S. healthcare system is true?

One goal of the Affordable Care Act is to provide self-employed or unemployed individuals who have private health insurance the option to buy a less costly government-sponsored plan.

All firms with 50 or more workers must provide employee health insurance.

To help terminated employees continue with health insurance coverage, all firms that provide workers with health insurance must provide and pay for the COBRA health insurance continuation benefit.

In 2017, Texas and Oklahoma had the highest (health) uninsured rates with Massachusetts having the lowest uninsured rate.

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Expert Solution

In 2017, Texas and Oklahoma had the highest (health) uninsured rates with Massachusetts having the lowest uninsured rate.

For a very long time, Texas continues to have the highest uninsured rate of as more as 17.7 % followed by 14.2 % uninsured people in Oklahoma. On the contrary, Massachusetts has remained to be the state with the lowest uninsured rate at 2.8 percent.

It is not 100% mandatory for employers to pay for the COBRA health insurance continuation benefit. However, employees do have the option to claim it benefits after their termination. Secondly, under the Affordable Care Act, all firms with 50 or more full-time worker must provide health insurance to 95% of full time workers or else they will have to pay a penalty of up to $3,860 per employee to the IRS. The primary goal of the Affordable Care Act is to provide affordable health coverage to the maximum number of people in the United States whether self-employed or unemployed individuals

Nightingale answered 1 year ago

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