Asked by Cardian Williams on Jun 28, 2024
Verified
One of the provisions of the PPACA is a personal mandate that all individuals
A) pay a $1,000 deductible and 20 percent co-pay on all medical care except annual check-ups or preventative care.
B) contribute at least 30 percent of the total cost of employer-provided health insurance.
C) purchase health insurance for themselves and their dependents unless they are already covered by government or employer-provided insurance.
D) with preexisting conditions must purchase a specially designated government insurance plan.
Personal Mandate
A requirement for individuals to purchase or otherwise obtain a particular good or service; often used in the context of compulsory health insurance.
PPACA
Patient Protection and Affordable Care Act; a comprehensive health care reform law enacted in March 2010, primarily known for its aim to increase health insurance coverage to more Americans.
- Explain the effects of the PPACA mandates on both employers and individuals.
Verified Answer
ZK
Zybrea KnightJul 01, 2024
Final Answer :
C
Explanation :
The PPACA (Patient Protection and Affordable Care Act), commonly known as Obamacare, includes a mandate that requires individuals to purchase health insurance for themselves and their dependents unless they are already covered by government or employer-provided insurance. This provision aims to increase insurance coverage rates and reduce the overall costs of healthcare.
Learning Objectives
- Explain the effects of the PPACA mandates on both employers and individuals.