Health Savings Accounts and Health Reimbursement Plans Have Which of the Following

question 6

Multiple Choice

Health savings accounts and health reimbursement plans have which of the following features? ​

• A)Required contributions from employers and employees
• B)Mandatory pre-authorization for withdrawal of funds
• C)Exclude mental health and dental services
• D)No accrued interest on the money saved in the plan

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Definitions:

Natural Monopoly

A market condition where a single firm can provide a good or service at a lower cost than any potential competitor, often due to economies of scale.

Economies of Scale

Economies of scale occur when increasing the production scale leads to a decrease in the long-term average costs, often due to more efficient use of inputs.

Exclusive Franchise

A legal agreement granting one party the sole right to sell or distribute a company's products or services in a particular market area.

Conglomerate Merger

involves the combination of firms that operate in unrelated business areas, aiming for diversification and reduced business risk.