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The purpose of the Health Insurance Marketplace is to:A.provide low-cost health insurance coverage to children.B.encourage cooperation and create lower costs for insurers.C.provide health insurance coverage to people 65 and older.D.encourage competition and lower health insurance costs for users.

Question

The purpose of the Health Insurance Marketplace is to:A.provide low-cost health insurance coverage to children.B.encourage cooperation and create lower costs for insurers.C.provide health insurance coverage to people 65 and older.D.encourage competition and lower health insurance costs for users.

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Solution

The purpose of the Health Insurance Marketplace is to encourage competition and lower health insurance costs for users.

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The main function of health insurance is: Question 1 options: To make healthcare free To reduce total spending on healthcare To pool the risks of healthcare costs All of the above

Under the Affordable Care Act, what is the role of health insurance exchanges?A.They offer health care directly from the government.B.They provide subsidized health care to those who are uninsured.C.They help citizens shop for health insurance.D.They enable citizens who could not otherwise afford it to be treated for health conditions.

The Affordable Care Act, also known as “Obamacare,”Group of answer choicesallowed for most businesses to stop providing health insurance to employees.was supported by Democrats and Republicans.allowed health care companies to deny insurance to applicants with existing illnesses.treated every citizen under the same provisions.required all Americans to purchase health insurance.

Which of the following is an advantage to using a traditional health insurance plan?

Which of the following is an advantage to using a traditional health insurance plan?Low premiumsNo deductibleNo maximum amount that must be spent before discounts applyFreedom to use any healthcare provider

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