Because of the Affordable Care Act, all new medical expense plans that

Because of the Affordable Care Act, all new medical expense plans that offer individual and group coverage must accept all individuals and employers in the state who apply for coverage.

These insurers are required to continue to renew the coverage at the option of the individual or plan sponsor. Thus, under the Affordable Care Act, the renewal provision is
A) conditionally renewable.
B) guaranteed issue.
C) nonrenewable.
D) renewable at the insurer’s option.

ANSWER

Answer: B