INSURANCE CH3 Health

Question 1

Patient Protection & Affordable Care Act

PPACA

Answer 1

health insurance requirement in the US - tax penalty and Employer requirements <50 employees exempt

Question 2

Group Health Insurance

Answer 2

makes premium more reasonable

Question 3

Deductible

Answer 3

Ins. pays 80% You pay 20% until max out of pocket

Question 4

Policy Provisions

Answer 4

Pre-existing conditions no longer permitted

Time Limit or Incontestability Clause (2ys)