Examlex
The fourth framework of the four frameworks approach is:
Health Savings Accounts
Tax-advantaged savings accounts available to individuals in the U.S. enrolled in high-deductible health plans, used to pay for medical expenses.
High-deductible
A term often used in insurance policies that require the insured to pay a significant amount out of pocket before the insurance coverage begins to pay.
Tax-free
Financial gains or earnings that are not subject to taxation by government authorities.
Health Care Industry
Comprises entities involved in providing medical services, manufacturing medical equipment or drugs, providing medical insurance, or otherwise facilitating the provision of healthcare to patients.
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