Final answer:
Health insurance underwriting for a person with HIV does not automatically lead to denial of coverage; insurers may impose exclusions or limitations. The Patient Protection and Affordable Care Act prevents outright denial based on preexisting conditions, but premiums may be higher due to an individual's risk profile.
Step-by-step explanation:
The correct answer to the question "Which of the following is true regarding health insurance underwriting for a person with HIV?" is c) Insurers may impose exclusions or limitations. Based on the Patient Protection and Affordable Care Act, health insurance providers are prevented from outright denying coverage to an individual based on preexisting conditions, such as HIV. However, there might be certain exclusions or limitations tailored to the risk profile of the individual.
Since insurance premiums are often set at levels that reflect the individual's risk, it is not true that premiums are lower for individuals with HIV. Instead, they might be higher due to the expected higher health care costs associated with treating a chronic disease like HIV/AIDS. Furthermore, option b) Coverage is provided without any restrictions, is also incorrect as insurance companies may still use medical underwriting to determine the exact terms and coverage limits.
It is important to note that prior to the implementation of the Affordable Care Act, individuals with HIV could have been denied coverage; now, the actuarial fairness principle is more balanced with the need for broad access to healthcare.