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How many days notice does the Affordable Care Act require insurers to give before rescinding (canceling) coverage?

a) 15 days
b) 30 days
c) 45 days
d) 60 days

1 Answer

4 votes

Final answer:

The Affordable Care Act mandates a 30-day notice period for insurers before they can rescind coverage, as part of its consumer protection measures.

Therefore, the correct answer is: option b) 30 days

Step-by-step explanation:

The Affordable Care Act contains comprehensive health insurance reforms and includes tax provisions that affect individuals, families, businesses, insurers, tax-exempt organizations and government entities.

These tax provisions contain important changes, including how individuals and families file their taxes.

This act requires insurers to give a 30-day notice before rescinding (canceling) coverage. This regulation is in place to ensure consumers have adequate time to make alternate arrangements if their health insurance coverage is being terminated.

This requirement is part of the broader consumer protections offered by the Affordable Care Act to promote transparency and fairness in health insurance practices.

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