ACA Exam | Questions with 100% Correct Answers
| Verified | Latest Update 2026
Save
Terms in this set (47)
Discrepancy between where -31% of healthcare spending comes from private
healthcare money comes from and insurance
where people's insurance comes -50% of people's insurance comes from private
from insurance
Predicted impact of ACA on 3 key -Broad access increases a lot
objectives -Quality increases a little
-Resource use decrease a little
Main objective of ACA reduce the # of uninsured
Poorest people in states not ACA subsidies
expanding Medicaid can't receive
, ACA Basic Facts -Expands insurance coverage to about 23 million
people
-Offers subsidized private health insurance on ACA
exchanges
-Subsidies for private health insurance offered to
families making up to $100k a year
-Fine employers $2k per worker for not offering
insurance. Small employers are exempt
-Health insurers can no longer deny people
coverage for pre-existing conditions
-Children under 26 can remain on their parents'
health plan
Rationale for Subsidies, Mandates, -Health insurance works best when all individuals
and Fines are included
-People who need a lot of medical care in one
year are supported by people who don't need a
lot of medical care in that year, and vice versa the
next year
-Without an individual mandate, some people
might try to buy insurance only when sick; mandate
ameliorated adverse selection as a concern
-Employer mandate serves as an incentive for
employers to continue to offer health insurance
-Subsidies: some people cannot afford insurance
on their own
ACA Exchange Each state (or federal gov) operates an exchange,
which is essentially a website, where many private
health insurers offer plans that are grouped
according to generosity: platinum, gold, silver,
bronze, and high-deductible
| Verified | Latest Update 2026
Save
Terms in this set (47)
Discrepancy between where -31% of healthcare spending comes from private
healthcare money comes from and insurance
where people's insurance comes -50% of people's insurance comes from private
from insurance
Predicted impact of ACA on 3 key -Broad access increases a lot
objectives -Quality increases a little
-Resource use decrease a little
Main objective of ACA reduce the # of uninsured
Poorest people in states not ACA subsidies
expanding Medicaid can't receive
, ACA Basic Facts -Expands insurance coverage to about 23 million
people
-Offers subsidized private health insurance on ACA
exchanges
-Subsidies for private health insurance offered to
families making up to $100k a year
-Fine employers $2k per worker for not offering
insurance. Small employers are exempt
-Health insurers can no longer deny people
coverage for pre-existing conditions
-Children under 26 can remain on their parents'
health plan
Rationale for Subsidies, Mandates, -Health insurance works best when all individuals
and Fines are included
-People who need a lot of medical care in one
year are supported by people who don't need a
lot of medical care in that year, and vice versa the
next year
-Without an individual mandate, some people
might try to buy insurance only when sick; mandate
ameliorated adverse selection as a concern
-Employer mandate serves as an incentive for
employers to continue to offer health insurance
-Subsidies: some people cannot afford insurance
on their own
ACA Exchange Each state (or federal gov) operates an exchange,
which is essentially a website, where many private
health insurers offer plans that are grouped
according to generosity: platinum, gold, silver,
bronze, and high-deductible
