If Jianxin's premium is $100, which would be an allowable premium for Aiping?

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Study for the Federally Facilitated Marketplace (FFM) Exam with flashcards and multiple choice questions. Each question includes hints and explanations to help you prepare. Ace your exam today!

Multiple Choice

If Jianxin's premium is $100, which would be an allowable premium for Aiping?

Explanation:
The concept being tested is how adult premiums are age-rated under ACA rules, with a maximum 3-to-1 ratio between adults in the same plan. That means the older adult’s premium can be up to three times the younger adult’s premium. If Jianxin’s premium is $100, the other adult’s premium cannot exceed $300. So $300 is the highest allowable amount for the second adult, given the age-rating cap. The $450 option would be too high for this scenario, while $100 and $200 are within the cap but do not illustrate the maximum allowable difference.

The concept being tested is how adult premiums are age-rated under ACA rules, with a maximum 3-to-1 ratio between adults in the same plan. That means the older adult’s premium can be up to three times the younger adult’s premium.

If Jianxin’s premium is $100, the other adult’s premium cannot exceed $300. So $300 is the highest allowable amount for the second adult, given the age-rating cap. The $450 option would be too high for this scenario, while $100 and $200 are within the cap but do not illustrate the maximum allowable difference.

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