Medical savings account - Study guides, Class notes & Summaries

CRPC Exam 1 Questions and Answers Copayment - Answer-set amount that insured pays for service such as a doctors visit; this may not be applied to deductible HSA - Answer-Health savings account - tax-exempt or custodial accounts established by an individual or employer with US financial institution for the purpose of paying qualified medical expenses of the account owner, spouse, and family HSA max contributions - Answer-individual: 3350 family: 6750 HSA holder older than 55 can save...

Fundamentals of HIPAA Question and answers correctly solved Fundamentals of HIPAA Medical expenses - correct answer Medical savings account now help savings account is a means to shelter funds from taxes to pay for False - correct answer An employer who has fewer than 50 employees, and his self insured is a covered entity Safeguarding all electric patient health information - correct answer The HIPAA security officer is responsible for Information, services and technology - co...

CA Life and Health Exam Questions and Answers Already Passed What is insurance? Insurance is the legal contract where two parties agree that if something will happen, a value will be exchanged. What's the difference between pure risk and speculative risk? Pure risk is when you'll lose it all or there will be no change. Speculative risk you can either win or lose. What is peril? peril is the causes of loss insured against in an insurance policy What is hazard? conditions that increase the pr...

WGU C239 Exam Problems | 110 Questions with 100% Correct Answers | Verified | Latest Update Angel has an AGI of $85,000 without considering the sale of a nondepreciable asset for $35,000. The asset was acquired five years ago and has an adjusted basis of $50,000. She has no other sales or exchanges. Determine Angel's AGI for the following independent situations when the asset is: A capital asset § 1231 asset - 82,000 - 70,000 A owns invest land with an adjusted bases of 50000 FMV of...

BTEC FINANCE Level 3 - Unit 3 – Finance Latest Exam Graded A+. what are the advantages of travel insurance? - ANSWER good for emergencies (can get booking costs back if your flights are cancelled), if you contract a disease your travel insurance will cover treatment costs that your medical insurance might not, may policies provide coverage for lost, stolen or damaged luggage what are the advantages of pet insurance? - ANSWER can cover unexpected vet bills, provides peace of mind, can save...

PTCB EXAM TEST BANK QUESTIONS AND ANSWERS LATEST WITH RATIONALE Multiple choice What is the route of administration for a prescription with the following directions: "i supp pr q 6 hr prn"? A. Orally B. Rectally C. Urethrally D. Vaginall {{Correct Ans- B. Rectally Rationale: "pr" means per rectum. What is the meaning of PDA? A. Personal digital aid B. Personal digital assistant C. Physician digital assistant D. Pharmaceutical data assistant {{Correct Ans- B. Personal dig...

CISR LIFE & HEALTH Exam 52 Questions with Answer The first step in understanding the elements of a life insurance contract is being able to: A) describe the personal and specific reasons people purchase life insurance B) describe the different parties to a life insurance contract and their relationship - CORRECT ANSWER B) describe the different parties to a life insurance contract and their relationship A policy owner has the power to: A) Name one or more beneficiaries B) Change th...

Which of the following statements regarding the tax treatment of medical expense insurance premiums and benefits is correct? - premiums are not deductible and benefits are taxable - premiums are not deductible and benefits are not taxable - premiums may be deductible as an unreimbursed medical expense and benefits are taxable - premiums may be deductible as an unreimbursed medical expense and benefits are not taxable - premiums may be deductible as an unreimbursed medical expense and benef...

State Exam Simulator - NJ Life & Health State Exam Questions and Answers Rated A+ What is a corridor in relation to a Universal Life insurance policy? the gap between the total death benefit and the policy's cash value Major medical insurance will typically cover medical expenses that result from a negative reaction to prescribed medication Which of the following is a reinstatement condition? proof of insurability Which of the following is NOT a duty of the Commissioner? estab...

It is important to make them feel __________ and __________ - Correct answercomfortable and welcomed __________ prompt someone to explore and analyze their emotions and feelings - Correct answer-Open-ended question __________ collect factual information - Correct answer-Closed-ended question Give __________ for responses time - Correct answer-time Questions should be asked in a ___________________________ way - Correct answer-non-judgmental It is important to ________________ your mentor...