ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Label the statements regarding the Patient Protection and Affordable Care Act (PPACA) as true or false.
a. The ACA establishes a national healthcare system for the United States in which the government rather than insurance
companies pays for all health related expenses.
b. Under the ACA, the government has the right to fine employers or individuals for not having or providing
health insurance.
c. Assume the ACA is in effect. A health insurance company is looking over a prospective individual, Alfred, and finds that
Alfred goes cliff diving regularly, which was the cause of his past six concussions. He now suffers from frequent headaches.
The insurance company can deny Alfred coverage because of his preexisting medical condition.
d. To fund the ACA, new taxes will be imposed on items including medical devices and indoor tanning.
e. Under the ACA, until age 26, you can be covered under your parent's health insurance policy.
*
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Transcribed Image Text:Label the statements regarding the Patient Protection and Affordable Care Act (PPACA) as true or false. a. The ACA establishes a national healthcare system for the United States in which the government rather than insurance companies pays for all health related expenses. b. Under the ACA, the government has the right to fine employers or individuals for not having or providing health insurance. c. Assume the ACA is in effect. A health insurance company is looking over a prospective individual, Alfred, and finds that Alfred goes cliff diving regularly, which was the cause of his past six concussions. He now suffers from frequent headaches. The insurance company can deny Alfred coverage because of his preexisting medical condition. d. To fund the ACA, new taxes will be imposed on items including medical devices and indoor tanning. e. Under the ACA, until age 26, you can be covered under your parent's health insurance policy. *
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