Final answer:
Insurance companies under the ACA must cover pre-existing conditions, provide essential health benefits, and allow children to stay on their parents' plans until age 26, but they are not allowed to offer lifetime limits on coverage.
Step-by-step explanation:
The student has asked about the requirements that insurance companies must meet under the Patient Protection and Affordable Care Act (ACA) of 2010. The correct answer is that insurance companies must do all of the following except (c) Offer lifetime limits on coverage. Under the ACA:
- (a) They must cover pre-existing conditions.
- (b) They are required to provide essential health benefits.
- (d) They allow children to stay on their parents' plans until age 26.
The ACA was a comprehensive healthcare reform intended to expand coverage to the uninsured and make healthcare more affordable. It included provisions to subsidize premiums for lower-income individuals and expand Medicaid eligibility. The law aimed to provide health insurance for around 32 million uninsured Americans and banned practices like setting lifetime limits on insurance coverage.