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.

Answer: B

Business

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To be able to accommodate demands for local responsiveness, a firm should:

A. ignore national differences in consumer tastes and preferences. B. decentralize production activities to the major national or regional markets. C. ensure that the manufacturing processes in all units are identical. D. standardize the product coming out of all manufacturing units. E. refrain from hiring host country managers.

Business

Which of the following is NOT a common error-detection technique?

A) parity checking B) longitudinal redundancy checking C) checksum checking D) checkwright checking

Business