Basics of the US Healthcare System chapter 2 Exam Questions and
Answers with Verified Solutions | Latest 2026 Update
Q: Affordable Care Act
Answer:
law passed in 2010 to expand access to insurance, address cost reduction and
affordability, improve the quality of healthcare, and introduce the Patient's Bill of
Rights
Q: Cafeteria Plan
Answer:
allows the employee to have his health insurance premiums deducted before taxes,
saving the employee money
Q: Center for Medicare and Medicaid Innovation
Answer:
a program that supports the development and testing of innovative healthcare
payment and service delivery models
Q: Centers for Consumer Information and Insurance Oversight
Answer:
Enrollment Assistance for the health insurance marketplace
Q: CLASS Independence Benefit Plan
Answer:
self-funded long term care insurance program for individuals with limited financial
assistance
Q: Community First Choice
Answer:
An optional Medicaid benefit, which focuses on community health services to
Medicaid enrollees with disabilities.
Q: Consumer Operated and Oriented Plans (CO-OPs)
, Answer:
A program that was included in the Patient Protection and Affordable Care Act in
an effort to increase the competitiveness of state health insurance markets and
improve choice in the individual and small group markets
Q: Cures Acceleration Network
Answer:
Grants center to encourage research in the cure and treatment of diseases
Q: Donut Hole
Answer:
A gap in prescription drug coverage under Medicare Part D, where beneficiaries
enrolled in Part D plans pay 100% of their prescription drug costs after their total
drug spending exceeds an initial coverage limit until they qualify for catastrophic
coverage.
Q: Elder Justice Act
Answer:
Provided funding for Adult Protective Services and for the prevention and
detection of elder abuse
Q: Essential Health Benefits (EHBs)
Answer:
a list of ten categories of benefits that all health care plans sold on the health
insurance exchanges must provide
Q: Healthcare and Education Affordability Reconciliation Act of 2010
Answer:
2010 act to improve the accessibility and quality of the U.S. Healthcare
Q: Health Insurance Marketplace
Answer:
@Healthcare.gov consumers can obtain information and buy health insurance
Q: Independence at Home program
Answers with Verified Solutions | Latest 2026 Update
Q: Affordable Care Act
Answer:
law passed in 2010 to expand access to insurance, address cost reduction and
affordability, improve the quality of healthcare, and introduce the Patient's Bill of
Rights
Q: Cafeteria Plan
Answer:
allows the employee to have his health insurance premiums deducted before taxes,
saving the employee money
Q: Center for Medicare and Medicaid Innovation
Answer:
a program that supports the development and testing of innovative healthcare
payment and service delivery models
Q: Centers for Consumer Information and Insurance Oversight
Answer:
Enrollment Assistance for the health insurance marketplace
Q: CLASS Independence Benefit Plan
Answer:
self-funded long term care insurance program for individuals with limited financial
assistance
Q: Community First Choice
Answer:
An optional Medicaid benefit, which focuses on community health services to
Medicaid enrollees with disabilities.
Q: Consumer Operated and Oriented Plans (CO-OPs)
, Answer:
A program that was included in the Patient Protection and Affordable Care Act in
an effort to increase the competitiveness of state health insurance markets and
improve choice in the individual and small group markets
Q: Cures Acceleration Network
Answer:
Grants center to encourage research in the cure and treatment of diseases
Q: Donut Hole
Answer:
A gap in prescription drug coverage under Medicare Part D, where beneficiaries
enrolled in Part D plans pay 100% of their prescription drug costs after their total
drug spending exceeds an initial coverage limit until they qualify for catastrophic
coverage.
Q: Elder Justice Act
Answer:
Provided funding for Adult Protective Services and for the prevention and
detection of elder abuse
Q: Essential Health Benefits (EHBs)
Answer:
a list of ten categories of benefits that all health care plans sold on the health
insurance exchanges must provide
Q: Healthcare and Education Affordability Reconciliation Act of 2010
Answer:
2010 act to improve the accessibility and quality of the U.S. Healthcare
Q: Health Insurance Marketplace
Answer:
@Healthcare.gov consumers can obtain information and buy health insurance
Q: Independence at Home program
