ACA and the Basics of Health Insurance
Exchanges Exam Questions and Answers
with Verified Solutions | Latest Updated
2026
When was the Affordable Care The ACA was signed into law on
Act signed into law? March, 2010
What is the purpose of a To give consumers a way to access
Health Insurance Exchange? and purchase health coverage that
they may not otherwise have been
able to obtain or afford.
True or False: In the ACA, True, prohibitions exist
there is a prohibition on the
rescission of coverage due to
illness
True or False: In the ACA, False, prohibitions exist
there is no prohibition on the
rescission of coverage due to
illness, insurance companies
can do this at will.
In the ACA, it is prohibited to True, under the ACA, technical
deny a claim or to rescise mistakes are no longer a reason to
coverage due to technical deny a claim or to rescise coverage.
mistakes on an insurance
application
Exchanges Exam Questions and Answers
with Verified Solutions | Latest Updated
2026
When was the Affordable Care The ACA was signed into law on
Act signed into law? March, 2010
What is the purpose of a To give consumers a way to access
Health Insurance Exchange? and purchase health coverage that
they may not otherwise have been
able to obtain or afford.
True or False: In the ACA, True, prohibitions exist
there is a prohibition on the
rescission of coverage due to
illness
True or False: In the ACA, False, prohibitions exist
there is no prohibition on the
rescission of coverage due to
illness, insurance companies
can do this at will.
In the ACA, it is prohibited to True, under the ACA, technical
deny a claim or to rescise mistakes are no longer a reason to
coverage due to technical deny a claim or to rescise coverage.
mistakes on an insurance
application
