Assignment
1. Based on the 2 attached articles on "Skinny Plans" at the end of this document, answer the following:
a. What is a potential advantage of "skinny plans" and what is the potential cost comparison?
b. What are 2 potential problems with "skinny plans"?
c. Who are the individuals most likely to choose a "skinny plan"? How will this impact the Affordable Care Individual Market?
2. Based on this article: Marketplace Effectuated Enrollment, 2017-2018, KFF article.
a. How many individuals enrolled in the Individual Health Insurance Marketplace in 2018 in the United States:
b. How many individuals enrolled in the Individual Health Insurance Marketplace in PENNSYLVANIA in 2018:
3. Based on this article: Marketplace Effectuated Enrollment, 2017-2018, KFF article.
(Note: use the sort functionality in the chart in the article)
a. Based on the chart, what is the range (find the state with the highest and lowest )monthly premium for 2019? (note: this is the premium before the tax subsidy.
b. What is the % change in premium from 2014 to 2019 for the state of PENNSYLVANIA? (Note: you have to manually calculate this %).
4. Answer the following questions Based on this article: Marketplace Effectuated Enrollment, 2017-2018, KFF article.
a) What is the total amount of tax credits or subsidies that are being provided in 2018 in the United States to make individual health insurance plans affordable to those that qulaify?
b) How much subsidy did individuals in the State of PENNSYLVANIA receive in 2018?
c) Who ultimately "pays" for these premium credits or subsidies?
d) Based on PENNSYLVANIA Premium Rates increasing as noted in your answer in question 3, the subsidies also increased in PENNSYLVANIA to keep these plans affordable for those individuals who qualify for the subsidy. As a result, who are the individuals in PENNSYLVANIA that are most impacted by these rate increases in PENNSYLVANIA and why would they be likely to consider a "skinny plan"?
Article: Trump's 'skinny' insurance plans will help millions of families by Sarah Lee.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.