Which of the following statements is (are) true concerning high ...

[savannahhooper]

Which of the following statements is (are) true concerning high deductible health plans?
 
  I. An employee can withdraw money tax-free from a health savings account or health reimbursement arrangement to pay covered medical costs.
  II. There is a cap on an employee's out-of-pocket expenses under the plan.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following statements about cafeteria plans is (are) true?
 
  I. Unspent flexible spending account balances are refunded to the employee, tax-free, at year-end.
  II. Cafeteria plans enable employees to select benefits that meet their specific needs.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

[janeli1]

Answer to Question 1

Answer: C

Answer to Question 2

Answer: B

[savannahhooper]

Thanks for the timely response, appreciate it

[sultansheikh]

TYSM