Health Care Law Assignment Help By Assignment Hippo
The Patient Protection and Affordable Care Act, also known as ACA or Obamacare, is a United States federal statute signed into law by President Barack Obama on March 23, 2010. The goal of the ACA is to improve the quality and affordability of healthcare.
One of the key provisions of the ACA is the requirement that all individuals have health insurance coverage, known as the individual mandate. The individual mandate took effect on January 1, 2014. Individuals who do not have health insurance coverage are subject to a penalty.
The penalty for not having health insurance is calculated as a percentage of household income. The penalty is assessed for each month without coverage. The penalty will not exceed the national average premium for a bronze level health plan.
There are a number of exemptions from the individual mandate. Individuals who are exempt from the individual mandate include:
- Individuals who are covered by a health plan offered by their employer
- Individuals who are covered by a health plan offered by a government program, such as Medicare or Medicaid
- Individuals who are covered by a health plan offered by a religious organization
- Individuals who are covered by a health plan that is not minimum essential coverage
- Individuals who are members of a health care sharing ministry
- Individuals who are uninsured for less than three months of the year
- Individuals who are not required to file a tax return because their income is below the filing threshold
The ACA also includes a number of other provisions, such as:
- The establishment of health insurance exchanges, which are marketplaces where individuals can purchase health insurance plans
- The expansion of Medicaid eligibility to individuals with incomes up to 138 percent of the federal poverty level
- The provision of financial assistance to help individuals purchase health insurance plans through the health insurance exchanges
- The provision of tax credits to help individuals purchase health insurance plans through the health insurance exchanges
- The prohibition of insurance companies from denying coverage to individuals based on pre-existing conditions
- The provision of subsidies to help individuals afford health insurance premiums
FAQs on the subject can be tricky – Solve the puzzle with us By Assignment Hippo
We have all been there, frantically googling ‘what is a diamond in the rough?’ or ‘what is the difference between f and ff diamonds?’ before an important engagement. While jewellery buying can be a fun experience, it can also be confusing, particularly when it comes to diamond terminology.
Here, we take a look at some of the most commonly asked questions about diamonds.
What is a diamond in the rough?
A diamond in the rough is a diamond that has not been cut and polished.
What is the difference between f and ff diamonds?
F is the grade given to a diamond that is ‘near colourless’, while ff is the grade given to a diamond that is ‘fully colourless’.
What is the difference between a diamond and a gemstone?
Diamonds are a type of gemstone, which are in turn a type of mineral.
What is the difference between a diamond and a ruby?
The difference between a diamond and a ruby is that diamonds are made of carbon, while rubies are made of aluminium oxide. Diamonds are also harder than rubies.
What is the difference between a diamond and a pearl?
Diamonds are a type of mineral, while pearls are a type of shellfish secretion. Diamonds are also harder than pearls.