Question

12. PPACA/Obamacare requires insurers to offer the same premium to all applicants of the same age...

12. PPACA/Obamacare requires insurers to offer the same premium to all applicants of the same age and geographical location without regard to most pre-existing conditions. Select one:

a. true b. false

Homework Answers

Answer #1

12. PPACA/Obamacare requires insurers to offer the same premium to all applicants of the same age and geographical location without regard to most pre-existing conditions.

Answer - a. true

PPACA (Patient Protection and Affordable Care Act ) is also known as the affordable care act has the same premium without regard to pre-existing disease because Obamacare tries to omit health disparities but the premium varies according to insurance plan, age of the insured (Higher the age higher the premium will be), the income of the family (Higher the income higher the premium will be), size of the family(according to the number of family members insurance premium will be decided), and the location where the family stays(location also affects the insurance premium).

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