Which of the Following Statements Is False About Health Savings

Which of the following statements is false about health savings acounts (HSAs) ?

A) HSAs must be paired with qualifying high-deductible health insurance.
B) Taxpayers qualifying for Medicare do not qualify to make HSA contributions.
C) Distributions from HSAs which are not used for medical expenses are generally subject to a 20 percent penalty and income taxes.
D) Distributions from HSAs which are used for qualifying medical expenses are not subject to tax or penalty.
E) Contributions to HSAs are deductible as itemized medical deductions.