Which of the following is not a characteristic of health savings accounts (HSAs) ?
A) They are available to workers covered by health insurance plans with high deductibles ($1,000 or more) and do not have other first-dollar insurance coverage.
B) Contributions to HSAs are tax-deductible.
C) Unused funds in HSAs accumulate and remain available for later out-of-pocket medical expenses.
D) Only workers can contribute to HSAs; employers cannot.
Correct Answer:
Verified
Q188: Which of the following would increase the
Q189: Some insurance companies have teamed with hospitals
Q190: Raising the deductibles and copayments is a
Q191: Attempts to alter incentives and contain health
Q192: Theoretically, the effect of private health insurance
Q194: Medicare and Medicaid set their payment rates
Q195: Factors that have hampered the increase in
Q197: The dollar sum of costs that an
Q198: Medicare and Medicaid set their payment rates
Q260: A health care organization that contracts with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents