Under the PPACA, which medical enrollment tier is 80% actual?
A. bronze
B. gold
C. platinum
Answer (2)
The medical enrollment tier under the PPACA that covers 80% of healthcare costs is the Gold tier. The Bronze tier covers 60%, while the Platinum tier covers 90%. Therefore, the correct answer is Gold.
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The question asks which PPACA medical enrollment tier covers 80% of healthcare costs.
The tiers are bronze (60%), gold (80%), and platinum (90%).
The gold tier corresponds to 80% coverage.
Therefore, the answer is gold.
Explanation
Understand the problem The question asks which medical enrollment tier under the PPACA (Patient Protection and Affordable Care Act) is designed to cover 80% of healthcare costs. The available options are bronze, gold, and platinum.
Analyze the tiers According to the PPACA, the medical enrollment tiers are designed to cover different percentages of healthcare costs. We need to identify which tier is associated with approximately 80% coverage.
Identify the correct tier Based on the PPACA guidelines:
Bronze: Covers 60% of healthcare costs.
Silver: Covers 70% of healthcare costs.
Gold: Covers 80% of healthcare costs.
Platinum: Covers 90% of healthcare costs.
State the final answer Therefore, the medical enrollment tier that is 80% actual value is the gold tier.
Examples
Understanding the different tiers in healthcare plans, like those under the PPACA, helps individuals choose a plan that best fits their needs and budget. For example, if someone anticipates needing a lot of medical care, they might choose a gold or platinum plan, which covers a higher percentage of costs. On the other hand, someone who is generally healthy and doesn't anticipate needing much care might choose a bronze or silver plan, which has lower monthly premiums but covers a smaller percentage of costs. This is similar to choosing different levels of car insurance coverage.
