Describe the major elements of the affordable care act. What problem is the legislation trying to address? How much is it expected to cost? How will the extra spending be financed? What are the major objections to the legislation?

Describe the major elements of the affordable care act. What problem is the legislation trying to address? How much is it expected to cost? How will the extra spending be financed? What are the major objections to the legislation?

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter11: Planning For Health Care Expenses

Section: Chapter Questions

Problem 3LTAI

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Concept explainers

Medicare

Medicare is one of the health insurances provided by the federal health insurance programs especially for elderly people who are 65 years old and above, young people with disabilities, and people affected with end-stage renal disease. The Medicare program covers medical services, nursing facilities, home health care, physician services, prescription drug, and hospital health care. Most of the population is getting benefited from the Medicare insurance program.

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