Multiple Select QuestionSelect all that applyWhich of the following are provisions of the Affordable Care Act?Multiple select question.People with pre-existing conditions cannot be denied insurance coverage.States must develop and administer their own health insurance exchanges.Insurance companies cannot place an annual or lifetime limit on benefits.Individuals can be covered by their parents' insurance until the age of 26.All people must purchase their health insurance on the health insurance marketplace.
Question
Multiple Select QuestionSelect all that applyWhich of the following are provisions of the Affordable Care Act?Multiple select question.People with pre-existing conditions cannot be denied insurance coverage.States must develop and administer their own health insurance exchanges.Insurance companies cannot place an annual or lifetime limit on benefits.Individuals can be covered by their parents' insurance until the age of 26.All people must purchase their health insurance on the health insurance marketplace.
Solution
The provisions of the Affordable Care Act include:
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People with pre-existing conditions cannot be denied insurance coverage. This is a provision of the Affordable Care Act, which prohibits insurance companies from denying coverage to individuals with pre-existing health conditions.
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Insurance companies cannot place an annual or lifetime limit on benefits. This is another provision of the Affordable Care Act, which prevents insurance companies from setting a limit on the amount of benefits an individual can receive in a year or over a lifetime.
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Individuals can be covered by their parents' insurance until the age of 26. This provision allows young adults to stay on their parents' health insurance plan until they turn 26.
The following are not provisions of the Affordable Care Act:
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States must develop and administer their own health insurance exchanges. While the Affordable Care Act does establish health insurance exchanges, it does not require states to develop and administer their own. States have the option to do so, but if they choose not to, the federal government will step in and run the exchange.
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All people must purchase their health insurance on the health insurance marketplace. While the Affordable Care Act does encourage individuals to purchase insurance through the marketplace, it does not require all people to do so. Some people may still receive insurance through their employers or other programs.
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