Which of the following is not part of the individual mandate provision of the Patient Protection and Affordable Care Act (ACA)?
A) In 2016, fines for not having health insurance are the greater of 695 per person or 2.5 percent of income.
B) With limited exceptions, every resident of the United States is required to have health insurance that meets certain basic requirements.
C) Individuals who do not acquire health insurance will be subject to a fine.
D) Individuals are allowed to opt out of the insurance program if they can prove they have no serious health issues.
Question 2
A tax is imposed on employers and workers that are used to fund Social Security and Medicare. This tax is sometimes referred to as
A) the federal income tax. B) the Income Security Tax.
C) the payroll tax. D) the ACIF.