Question

For Medicare services copays are zero there are no deductibles required to be paid first Cost...

For Medicare services

copays are zero

there are no deductibles required to be paid first

Cost Effectiveness Analysis is applied

Medicare Part B copay is equal to 60%

These services are financed mainly from taxation

Which Obamacare provision will still be in force in 2019?

guaranteed issue (cannot be refused coverage due to pre-existing condition)

people have to enroll in sickness funds

Everyone has to have health insurance otherwise they have to pay a penalty

All states have to expand Medicaid benefits even to those above the poverty levels

all of the above

Homework Answers

Answer #1

The Medicare trust fund comprises two separate funds. The hospital insurance trust fund is financed mainly through payroll taxes on earnings and income taxes on Social Security benefits. The Supplemental Medical Insurance trust fund is financed by general tax revenue and the premiums enrollees pay.

Correct Ans - E

In 2019, Affordable Care act changes - Subsidy eligibility remains the same, at least for now, but the individual mandate penalty is moving behind. Taxpayers are still obligated to carry health insurance, either through their employers, through the ACA Exchange, or by independently selecting and paying for their own ACA-compliant plans. They’ll no longer pay a financial penalty if they don’t, however.

Coverage due to pre-existing condition is still in force in Obamacare provision 2019.

Correct Ans - A

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