Which of the Following Statements Is True of the Health

question 29

Multiple Choice

Which of the following statements is true of the health reimbursement account (HRA) ?

• A)The entire health care cost of employees is reimbursed and deposited in a health reimbursement account by the employer.
• B)The premium amount for the insurance policy of dependents is reimbursed and deposited in a health reimbursement account by employer.
• C)The amount of unused money in the health reimbursement account can be rolled over annually.
• D)The employer's contribution to the health reimbursement account is taxable.
• E)The health reimbursement account balance is replenished by the insurance company when the account balance is used up.

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Definitions:

Sensorimotor

Relates to the first stage of Jean Piaget’s theory of cognitive development, where infants learn through interacting with the world through sensory experiences and motor activities.

Cognitive Development

The process by which a person's ability to think, understand, and learn evolves over time from childhood through adulthood.

Jean Piaget

A Swiss psychologist renowned for his pioneering work in child development, particularly his theory of cognitive development.

Theory

A coherent group of propositions formulated to explain a group of facts or phenomena in the natural world and repeatedly confirmed through experiment or observation.