How Much Do You Know About The New Health care Law?
6 Questions
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Questions and Answers
- 1.By how much is the federal budget deficit expected to be reduced over the next 10 years as a result of the health care reform legislation, according to the federal government?
- A.
$50 million
- B.
$0, the law will not affect the federal budget
- C.
$100 billion
- D.
$2 trillion
- 2.When was the Patient Protection and Affordable Care Act signed into law?
- A.
March 2010
- B.
December 2009
- C.
January 2010
- D.
February 2010
- 3.How many of the 140,000 uninsured 19- to 25-year-olds in Maryland will be picked up by family plans under the new law in the first year?
- A.
230,000
- B.
18,000
- C.
56,000
- D.
145,000
- 4.Under the new law, at least what percent of every health insurance premium dollar must your insurance provider spend on health care and improving quality, starting Jan. 1?
- A.
85 percent
- B.
60 percent
- C.
95 percent
- D.
75 percent
- 5.Starting in 2016, what will the federal penalty be for an individual if he or she chooses not to buy an insurance plan, except for those specifically exempted?
- A.
$1,120 or 3 percent of income, whichever is greater
- B.
$200 per person
- C.
1.5 percent of income
- D.
$695 or 2.5 percent of income, whichever is greater
- 6.By 2016, Americans who would have to spend more than what percent of their income on health insurance will not be required to purchase a plan?
- A.
8 percent
- B.
10 percent
- C.
20 percent
- D.
5 percent
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