This topic contains a solution. Click here to go to the answer

Author Question: Prior to passage of the Affordable Care Act, insurers could go back to the date a health insurance ... (Read 91 times)

lindiwe

  • Hero Member
  • *****
  • Posts: 577
Prior to passage of the Affordable Care Act, insurers could go back to the date a health insurance policy became effective and render the policy void due to a clerical error.
 
  This practice, which is prohibited under the Affordable Care Act except in cases of fraud or intentional misrepresentation of a material fact, is called
  A) estoppel.
  B) retention.
  C) rescission.
  D) reformation.

Question 2

Under the Affordable Care Act, if a health insurer does not meet the minimum loss ratio requirement, the insurer must
 
  A) pay a fine to the federal government.
  B) issue rebates to the people the insurer covered.
  C) not sell any health insurance for a period of one year.
  D) reduce the premium on the policies it sells the following year.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kimmy

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

Answer: C

Answer to Question 2

Answer: B




lindiwe

  • Member
  • Posts: 577
Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)


pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

For a complete list of videos, visit our video library