Question

In: Economics

Health savings accounts (HSAs) have the following characteristics, except: A. They are available to workers covered...

Health savings accounts (HSAs) have the following characteristics, except:
A. They are available to workers covered by health insurance plans with high deductibles ($1000 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

Solutions

Expert Solution

Health Savings account (HSAs) have the following characteristics except only workers can contribute to HSAs ; employers cannot. Hence, option(D) is correct.


Related Solutions

Models have all of the following characteristics except A. Representation or the model represents the object...
Models have all of the following characteristics except A. Representation or the model represents the object but is not the object B. Obfuscation or the model eliminates important facts about the object C. Simplification or the model reduces the number of factors included D. Relationships or the model shows the interaction between factors
When performing comparable analysis the ideal comparable firm will have each of the following characteristics EXCEPT:...
When performing comparable analysis the ideal comparable firm will have each of the following characteristics EXCEPT: it has similar risk as measured by variance. it has similar growth of cash flow prospects. these are all desirable comparables. it has a similar dividend payout. When performing comparable analysis the ideal comparable firm will have each of the following characteristics EXCEPT: it is of a similar size. these are all desirable comparables. it is in a similar industry. it has similar risk...
20) Which of the following is NOT an area of payment covered by workers' compensation? Multiple...
20) Which of the following is NOT an area of payment covered by workers' compensation? Multiple Choice Payments to employers while injured workers are recovering Payments to replace lost wages Medical treatment and rehabilitation costs Retraining to perform a different type of work 24) _____ is one of the leading causes for an increase in the cost of health care. Multiple Choice The maintenance of health-care exchanges The increase in drug costs The decreasing number of illegal immigrants The rising...
In 2019, the maximum amounts that can be contributed to health savings accounts (HSAs) for taxpayers...
In 2019, the maximum amounts that can be contributed to health savings accounts (HSAs) for taxpayers age 55 or above are __________. * $1,300 for self-only coverage and $2,600 for family coverage. $1,350 for self-only coverage and $2,700 for family coverage. $3,450 for self-only coverage and $6,900 for family coverage. $4,500 for self-only coverage and $8,000 for family coverage.
Are employer contributions into employees’ health savings accounts taxed as earnings of the employees? Under what...
Are employer contributions into employees’ health savings accounts taxed as earnings of the employees? Under what conditions may employees be exempt from the withholding of federal income taxes during 2017? How do such employees indicate their no-tax-liability status?
Assume that male and female workers are exactly the same except that men have 20 years...
Assume that male and female workers are exactly the same except that men have 20 years of experience and women have 10. If both male and female wages are determined by the function W = 15 + 0.25E where W is the wage and E is years of experience, what is the gender wage gap in this situation. Draw this situation on a well-labeled graph. Would traditional human capital theory say that any discrimination is going on? Explain briefly.
All the following are part of characteristics of Venture Capital (VC) except : VC is a...
All the following are part of characteristics of Venture Capital (VC) except : VC is a financial intermediary VC only invests in private companies;              c.     VC invests to fund the external growth of companies.                 d.     VC’s primary goal is to maximize its financial return by investments through a sale or an initial public offering (IPO)                e. VC takes an active role in monitoring and helping the companies in its portfolio According to the textbook by Metrick and...
The Jones’ have $50,000 in savings available for upfront costs on a home purchase. They qualified...
The Jones’ have $50,000 in savings available for upfront costs on a home purchase. They qualified for a 30-year mortgage at 4.5 percent APR. They also expect closing costs to total $4,000. They have budgeted $1,500 per month to allocate to housing costs, including monthly nonfinancing costs of $100 for homeowner’s insurance, $200 for property taxes, $150 for repairs and $50 for maintenance. What is the maximum they can afford to pay for a home? Show your work.
Workco must have the following number of workers available during the next three months: month 1,...
Workco must have the following number of workers available during the next three months: month 1, 20; month 2, 16; month 3, 25. At the beginning of month 1, Workco has no workers. It costs Workco $100 to hire a worker and $50 to fire a worker. Each worker is paid a salary of $140/month. Formulate the problem of determining a hiring and firing strategy that minimizes the total cost incurred during the next three months as a MCNF problem.
Respond to the following prompt in 1500 to 2000 words: Health care workers have an ethical...
Respond to the following prompt in 1500 to 2000 words: Health care workers have an ethical responsibility to provide services that are necessary and effective and not to provide care that is ineffective, inappropriate, or harmful. At the same time, resource allocation decisions concerning the use of limited health care resources must also be made for the health care system. How can equitable and just decisions be made on the allocation of limited health care resources, and who should be...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT