Describe the origins and reasons for the establishment of health savings accounts

What will be an ideal response?


Health savings accounts (HSAs) were established as part of the 2003 Medicare reform. Individuals make tax-deductible contributions into their HSAs and they can use them to pay for qualified medical expenses. This program is thought to promote the use of personal savings for health care expenditures and add more incentives to reduce costs because bills would be paid directly by the account holder and not a third party.

Economics

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Assume that for whatever reason there is a manufacturing firm exhibits a constant marginal product of labor over a certain range of production

Armed with only this information what would you be able to say about the average product and total product of labor curves of this firm.

Economics

If your demand for renting videos is Q = 5 ? 2P, should you purchase the annual membership from a video store that charges $0.5 per rental, plus an annual membership fee of $12?

A. Probably yes B. Definitely yes C. Cannot be decided D. Definitely no

Economics

 Output  Total Cost015125233340448558670Table 8.5Refer to Table 8.5. The total variable cost of producing five units of output is:

A. $8.60. B. $43. C. $48. D. $58.

Economics

Why have the earnings of persons with less education (and skill) fallen relative to those with more education (and skill)?

a. more regulation of the transport industry b. more powerful unions c. international competition d. all of the above

Economics