Article: Obamacare ACA

Question 1

ACA

Answer 1

federal public health legislation in 2010

Question 2

One significant difference is all insurers must now :

Answer 2

offer different levels of coverage and coverage for preexisting conditions (loss of job etc).

Question 3

preexisting condition

Answer 3

exists before getting new health insurance

Question 4

Under the ACA, health insurers cannot refuse coverage based on a preexisting condition (T/F)

Answer 4

TRUE

Question 5

ACA subsides of premiums costs of low income families by

Answer 5

1 direct subsides such as the medicaid program. before ACA medicaid did not cover low income working adults

Question 6

ACA subsides of premiums costs of low income families by

Answer 6

2 Medicaid expansion , this is for adults work work but cannot afford health insurance . adults who’s FPL is below 138%

Question 7

over 40 states and district of Columbia have expanded medicaid (T/F)

Answer 7

True

Question 8

help subsidize older Americans
care THROUGH: (reduce medicare reimbursements to healthcare providers)

Answer 8

3Medicare Advantage

a Medicare-approved alternative to original Medicare.

Question 9

final way ACA subsizes health care is

Answer 9

4 premium tax credits

these depends on the persons household income and help to lower monthly health insurance premiums

Question 10

individual mandate

Answer 10

The ACA had a penalty for people who did not buy a health insurance plan. This was the individual mandate. This penalty was part of the legislation’s effort at cost-sharing.

repealed in 2017

Question 11

key elements of ACA

Answer 11

Allowing dependents to remain under their parent’s insurance plans until they turn 26.

Expanding Medicaid eligibility, including adults without dependents, in participating states.

Making subsidies available on the state health insurance exchanges

Enforcing basic standards for health insurance policies

Reducing the waiting time for new employees to get health insurance

Question 12

The Department of Health and Human Services (HHS) implements the ACA.

Answer 12

TRUE

Question 13

Health Insurance Marketplace

Answer 13

Bronze, Silver, Gold, and Platinum.

Bronze plans charge enrollees the lowest premiums but pay a smaller share of costs for care (large out of pocket costs)

Platinum plans charge the highest monthly premiums and offer the lowest out-of-pocket costs. Premium plans also pay more of the costs of expensive medical services.

Question 14

CHIP ensures low-income children receive pediatric care.

Answer 14

TRUE