Which of the Following Statements Is (Are)true Concerning High Deductible

question 21

Multiple Choice

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

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Definitions:

Funding Organization

An entity that provides financial support for projects, programs, or individuals.

Grant Proposal

A written request submitted to an entity or organization seeking funding for a project or initiative, outlining the importance and implementation plan.

Goal Statement

A clear and specific description of desired achievements or objectives, often used in planning or motivation.

Causes

refers to principles, aims, or movements that people support or fight for, especially in the realm of social or political issues.