Final answer:
Coverage for an insurance applicant may begin immediately upon receipt of the application due to a binding receipt, regardless of later insurability findings. Legislative changes in health care law aim to cover uninsured Americans, including expanding Medicaid and protection for preexisting conditions.
Step-by-step explanation:
The applicant for health insurance may receive immediate coverage under a policy feature known as a binding receipt or temporary insurance agreement. This special provision ensures that coverage starts when the application is received, not when the policy is issued. This is common in life and health insurance policies, and means that if the applicant is later found to be uninsurable, they will still have coverage from the time of their application up to the point where the insurance company makes their decision.
The legislative changes mentioned aim to provide health insurance for millions of uninsured Americans. These changes include expanding Medicaid, prohibiting denials based on preexisting conditions, and extending dependent coverage. This ensures that more individuals, including those who may be considered uninsurable, have access to health care coverage.