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.

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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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