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