Author Question: Which of the following statements about health savings accounts (HSAs) is true? A) There are no ... (Read 22 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
Which of the following statements about health savings accounts (HSAs) is true?
 
  A) There are no limits to annual contributions that an individual may make to his or her HSA.
  B) Once an individual has reached age 65 or is covered by Medicare, no additional contributions to the HSA may be made.
  C) The health insurance plan covering the HSA account beneficiary is not permitted to use a deductible.
  D) HSAs offer no tax benefits for the individual who establishes the account.

Question 2

The Affordable Care Act has a provision that expands a public assistance program designed to make health coverage available to low-income individuals by increasing the maximum amount of income that can be earned and still qualify for benefits.
 
  As a result, millions of individuals are eligible for coverage under this program. This public assistance program is called
  A) Medicare.
  B) Health Maintenance Organization.
  C) Health Insurance Marketplace Exchange.
  D) Medicaid.



scikid

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

Answer: B

Answer to Question 2

Answer: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

For a complete list of videos, visit our video library