Certified Financial Consultant (CFC) Practice Exam

Which of the following individuals will be eligible for coverage on the Health Insurance Marketplace?

1. Only U.S. citizens

2. A permanent resident lawfully present in the U.S.

3. Tourists visiting the U.S.

4. Anyone under age 26

The correct answer is: A permanent resident lawfully present in the U.S.

The eligibility for coverage on the Health Insurance Marketplace is primarily determined by the individual's immigration status. A permanent resident who is lawfully present in the U.S. has the right to apply for and receive health insurance coverage through the Marketplace. This category includes those with a green card and other lawful permanent resident statuses. U.S. citizens also qualify for coverage, but that is not the only group eligible; thus, focusing solely on U.S. citizens does not encompass the broader requirements. Tourists, on the other hand, are not eligible for Marketplace coverage since they are in the U.S. temporarily and do not have the necessary immigration status. The option stating anyone under age 26 may seem appealing due to the provision allowing young adults to remain on a parent's health insurance plan, but this does not directly pertain to Marketplace eligibility as it relates to dependent coverage rather than independent enrollment. Therefore, the correct choice correctly identifies a permanent resident lawfully present in the U.S. as eligible for Health Insurance Marketplace coverage.