Percentages | Acronyms | Things You Should Know | How Long? | Donkeys & Elephants |
---|---|---|---|---|
What is the 2023 Affordibility percentage?
9.14%
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What is The Affordable Care Act?
ACA
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What is Adverse Selection?
A situation in which sellers have information that buyers do not have, or vice versa, about some aspect of product quality
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What is a Qualifying Event. Life Changing Event is not correct or an acceptable answer.
You have 30 days to change your insurance plan if you experience one of these
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What is The Republican Party
The Political Party that has repeatedly tried to overturn the ACA
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What is the minimum actuarial value for a health plan to be ACA compliant?
60%
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What is the Employee Retirement and Income Security Act?
ERISA
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What is HIPAA?
The federal statute that assures privacy in the handling of sensitive health data
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What is 90 Days?
What is the maximum amount of days you can have for a waiting period for benefits eligibility
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What are cell phones or Obama phones?
President Obama gave this out to americans who could not afford to purchase one
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What is the percentage of employees an employer must offer an ACA compliant plan to.?
95%
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What is Minimum Essential Coverge?
MEC
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What is Reinsurance?
An arrangement whereby an insurer transfers all or part of a risk to another insurer to provide protection against the risk of the first insurance.
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What is there is none?
What is the maximum LIFETIME dollar cap on an ACA compliant health insurance policy
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Who is Donald Trump?
This Presidential canidate campaigned on the promise to "repeal and replace" the ACA
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How many FTE's makes an employer an ALE under the ACA?
50
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What are Essentail Health Benefits?
EHB
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What are Benefits Adminstration Systems?
Ease and Employee Navigator are types of what?
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What is 1
The minimum number of days for Open Enrollment under the ACA
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What is Senator John mcCain?
This Republican Senator broke ranks with his party and cast the deciding vote to pass the ACA from his death bed.
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What is the number of employees that an ALE is not fined on for violating Penalty A of the Employer mandate?
30
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What is Employee Benefits Security Administration
EBSA
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What is when the Affordable Care Act became Federal Law?
March 23, 2010
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What is 12?
The number of weeks an employer must maintain health coverage for an employee on FMLA
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What is The Connected Device Grant Program
The program distributed free laptops and tablets to lower income Americans
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