Basics of the US Healthcare System, Chapter
2 UPDATED ACTUAL Exam Questions and
CORRECT Answers
Affordable Care Act - CORRECT 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
Cafeteria Plan - CORRECT ANSWER - allows the employee to have his health insurance
premiums deducted before taxes, saving the employee money
Center for Medicare and Medicaid Innovation - CORRECT ANSWER - a program that
supports the development and testing of innovative healthcare payment and service delivery
models
Centers for Consumer Information and Insurance Oversight - CORRECT ANSWER -
Enrollment Assistance for the health insurance marketplace
CLASS Independence Benefit Plan - CORRECT ANSWER - self-funded long term care
insurance program for individuals with limited financial assistance
Community First Choice - CORRECT ANSWER - An optional Medicaid benefit, which
focuses on community health services to Medicaid enrollees with disabilities.
Consumer Operated and Oriented Plans (CO-OPs) - CORRECT 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
Cures Acceleration Network - CORRECT ANSWER - Grants center to encourage
research in the cure and treatment of diseases
2 UPDATED ACTUAL Exam Questions and
CORRECT Answers
Affordable Care Act - CORRECT 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
Cafeteria Plan - CORRECT ANSWER - allows the employee to have his health insurance
premiums deducted before taxes, saving the employee money
Center for Medicare and Medicaid Innovation - CORRECT ANSWER - a program that
supports the development and testing of innovative healthcare payment and service delivery
models
Centers for Consumer Information and Insurance Oversight - CORRECT ANSWER -
Enrollment Assistance for the health insurance marketplace
CLASS Independence Benefit Plan - CORRECT ANSWER - self-funded long term care
insurance program for individuals with limited financial assistance
Community First Choice - CORRECT ANSWER - An optional Medicaid benefit, which
focuses on community health services to Medicaid enrollees with disabilities.
Consumer Operated and Oriented Plans (CO-OPs) - CORRECT 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
Cures Acceleration Network - CORRECT ANSWER - Grants center to encourage
research in the cure and treatment of diseases
