(Answered) 1 the affordable care act aca also know as obamacare

Management Studies

(1) The Affordable Care Act (ACA), also know as Obamacare, requires that all US residents carry health insurance that meets minimum coverage standards, unless the person qualifies for an exemption. What is the purpose of this requirement? What are the minimum coverage requirements? How can a person be exempt from the requirement? What is the penalty for not complying? Give an example.

(2) Identify the reasons for self-insurance and the disadvantages of Self-Insurance

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