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3 years ago

What is the health insurance program that requires recipients to fall within a certain income bracket

Business

1 answer:

xz_007 [3.2K]3 years ago

7 0

Answer:

Medicaid

Explanation:

The Affordable Care Act (ACA) was formally known as the Patient Protection and Affordable Care Act (Obamacare). It is a federal statute of the United States of America which was enacted by the 111th US Congress and signed into law by President Barack Obama. The Affordable Care Act (ACA) became effective on the 23rd of March, 2010 and it focused on making affordable health insurance available to qualified people or households through cost-sharing reductions and premium tax credits (subsidies).

Medicaid is a collaborative health program of the federal and state government which was established to provide effective and efficient health coverage to the citizens of the United States of America.

Medicaid is the health insurance program that generally requires recipients or beneficiaries to fall within a certain income bracket as a form of eligibility for health care.

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3 years ago

Z is a normal good. The equilibrium price and equilibrium quantity of Z in the year 2011 was $25 and 60 units, respectively. In

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Answer:

D) Shift of the demand curve for Z to the left

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3 years ago

What is the definition of the time/value of Money A:the relationship between time money and the rate of return and their effect

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Answer:

The answer is B

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3 years ago

To increase living standards, public policy should a. ensure a greater degree of equality, taking all income-earners into accoun

padilas [110]

Answer:

c. ensure that workers are well educated and have the necessary tools and technology.

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3 years ago

Melody and Todd are married and have employee wages of $250,000 each in 2019. They have no other income. How much additional 0.9

sasho [114]

Answer:

$1,350

Explanation:

The computation of the amount pay or received as a refund at the time of filing the income tax return for the year 2019 is shown below:

As we know that

The Medicare tax rate is 1.45% till $200,000

And, if it is above $200,000 than 2.35% is charged (1.45% + 0.9%)

Now

For individually calculated,

Melody = ($200,000 × 1.45%) + ($50,000 × 2.35%) = $4,075

Todd = ($200,000 × 1.45%) + ($50,000 × 2.35%) = $4,075

So, the total is

= $4,075 + $4,075

= $8,150

Now if they filling their joint return so

Total salary is $500,000 ($250,000 × 2)

Medicare upto $250,000 = $3,625 ($250,000 × 1.45%)

for remaining $250,000 = $5,875 ($250,000 × 2.35%)

So, the Total is

= $3,625 + $5,875

= $9,500

Now the refund is

= Joint return - individually return for each one

= $9,500 - $8,150

= $1,350

4 0

3 years ago