Medical Savings Accounts

Essay specific features

 

Issue:

Business

 

Written by:

Maria T

 

Date added:

September 21, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

14 / 3891

 

Was viewed:

3647 times

 

Rating of current essay:

 
Essay content:

Funds can be withdrawn without penalty only for medical expenses, for the purchase of health or long-term care insurance, or for other expenditures that are stipulated in the tax code. Each person owns and controls his or her account, regardless of changes in employment, and therefore has a financial incentive to make cost-effective use of health care resources...
displayed 300 characters

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Each person owns and controls his or her account, regardless of changes in employment, and therefore has a financial incentive to make cost-effective use of health care resources. Coupled with high-deductible health insurance, MSAs empower cost-conscious patients in health care decision making, increasing competitive pressures to reduce health care costs...
displayed 300 characters

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