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Author Question: Which of the following statements is (are) true concerning high deductible health plans? I. An ... (Read 80 times)

savannahhooper

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on: Jul 11, 2018
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


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janeli1

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: B


savannahhooper

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Reply 2 on: Jul 11, 2018
:D TYSM

amcvicar

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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