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If a GHP has a ninety-day waiting period, on what day does health coverage become effective?

User Iamserious
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Final answer:

The health coverage under a Group Health Plan with a ninety-day waiting period becomes effective on the 91st day. The law expands Medicaid and prevents insurance denial for preexisting conditions, also letting young adults stay on parental policies until 26.

Step-by-step explanation:

If a Group Health Plan (GHP) has a ninety-day waiting period, health coverage would become effective on the 91st day following the start of the waiting period. The waiting period is a span of time that must pass before the coverage becomes active, and the day immediately after the waiting period is when coverage begins.

The law mentioned aims at expanding health insurance coverage to approximately 32 million uninsured Americans. It broadens eligibility and offers subsidized premiums for Medicaid, transitioning it into a program that not only assists poor families but also includes the poorest Americans, such as able-bodied adults under 65 with incomes up to 133 percent of the federal poverty level.

The law also encompasses provisions that help various groups. For instance, it prohibits insurance companies from rejecting applications due to preexisting medical conditions, eliminates annual and lifetime payment caps, and allows young adults to remain on their parents' health policy until age 26.

User Nmc
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