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Scenario 15.1
From 2008, ForEx Inc. has shifted some of its operations to China and Malaysia, where production costs are considerably lower compared to Canada. Since then, 35 managers have been sent to those countries either on short- or long-term assignments to head up operations, conduct training and development, or just to oversee specific projects. Of the 35 managers only five were women, even though women make up 40 percent of the management team. Expatriates on long-term assignments are given financial incentives to offset any qualitative differences between the costs of living in the two locations.
-Refer to Scenario 15.1. All of the following represent important information that they will need to know and understand EXCEPT which one?
Health Savings Accounts (HSAs)
Tax-free savings accounts into which people with high-deductible health insurance plans can place funds each year. Accumulated funds can be used to pay out-of-pocket medical expenses such as deductibles and copayments. Unused funds accumulate from year to year and can be used after retirement to supplement Medicare.
Medicare Payment
Payments made by the Medicare program to healthcare providers for services rendered to Medicare beneficiaries.
Medicare
A federal health insurance program in the United States for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.
Medicaid
A healthcare program for low-income individuals and families in the United States, funded jointly by the state and federal government.
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