An employer-funded plan with favorable tax advantages, which repays employees for medical care not covered by the employer's standard medical plan is a(n)
A) 401(k) account.
B) individual retirement account (IRA).
C) health reimbursement arrangement (HRA).
D) flexible spending account (FSA).
Question 2
Which of the following statements regarding recent developments in employer-sponsored health plans is (are) true?
I. Preferred provider organizations (PPOs) continue to dominate group health insurance markets.
II. The number of employers offering medical benefits to workers who retire early has increased.
A) I only
B) II only
C) both I and II
D) neither I nor II
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