How are preexisting medical conditions covered under the Affordable Care Act? A. They will continue to be covered under a special federal program. B. States are mandated to have risk pools to cover preexisting conditions. C. Private insurance plans have to cover them starting 2014. D. There is no provision in the law to cover preexisting conditions.

How are preexisting medical conditions covered under the Affordable Care Act? A. They will continue to be covered under a special federal program. B. States are mandated to have risk pools to cover preexisting conditions. C. Private insurance plans have to cover them starting 2014. D. There is no provision in the law to cover preexisting conditions.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Because of the moral hazard problem, a-the government has increased incentive to regulate insurance markets. b-low-risk individuals do not choose insurance. c-the costs of providing insurance decreases. d-full insurance may no longer be efficient.
1. After the completion of the Associate Degree (first 2 years of college education), you have a chance to move on for further study in a top-up program (last 2 years of college education). How does the completion of the top-up program affect your health stock? Discuss with the help of a MEI diagram.
What do you understand by the term "Health Insurance"?2. Describe the different types of Health Insurance3. Discuss factors that would make any two mentioned types of health insurance successful.
Government provided social insurance is most beneficial in the cases where the probability of adverse events is _____ to calculate and the costs of the adverse events are _____. a.hard/low b.easy/high c.easy/low d.hard/high
Typed plz and asap thanks Please don't give AI response I want quality solution and I will up vote
The key concept that explains why individuals choose to obtain insurance and why they may be less likely to gamble with their wealth is: a. increasing marginal utility in wealth b. constant marginal utility in wealth c. decreasing marginal utility in wealth
Insurance is basically the transferring of risk from one party to another. A. True B. False The cost of healthcare is higher than most other developed countries. A. True B. False
How can you use Microsoft Excel and your agility and problem solving skills to understand the level of risk involved in selecting the appropriate insurance to achieve your goals. How will problem solving, productivity, technology, and agility help you achieve your personal and professional goals?
___ occurs when insurance companies structure plans that provide an incentive for healthier consumers to enroll while discouraging enrollment of higher-risk individuals a. Guaranteed renewability b. Cherry-picking c. Moral Hazard d. Asymmetric Information e. Adverse Selection
Is the Social Security system based on the same principles as private insurance? Why or why not?
Name two solutions to adverse selection in insurance and explain how they work.
What is insurance