Final answer:
P's coverage under an individual health policy will remain in force during the grace period if the overdue premium is paid within this timeframe. The PPACA's implementation contributes to how these policies operate, despite facing political opposition.
Step-by-step explanation:
If P's individual health policy is now in the grace period, P's coverage will remain in force if the premium payments are made within this period. The grace period is a set amount of time after the due date for a premium, during which the policy remains active and the insured is still covered. Typically, health insurance policies have a grace period to prevent immediate termination of the coverage due to a missed payment. During this time, as long as the overdue premium is paid, P will continue to be insured under the terms of the policy.
It's important to remember that the Patient Protection and Affordable Care Act (PPACA) has had a significant impact on the insurance industry. It changed eligibility rules, prohibited insurance companies from rejecting individuals with preexisting conditions, and expanded coverage options through Medicaid and state-based purchasing organizations. Although political opposition to the PPACA exists, as of this time, the broader insurance rules established by it remain in effect, impacting how grace periods and coverage continuations are handled in individual health policies.