What is a Health Savings Account (HSA) and how does it work?

What is a Health Savings Account (HSA) and how does it work?

Assessment

Interactive Video

Life Skills, Health Sciences, Business, Biology

University

Hard

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The video discusses Health Savings Accounts (HSAs), highlighting their tax advantages, eligibility criteria, and potential for retirement savings. It also addresses the challenges associated with high deductible health plans, including fees and financial impacts, as well as the potential negative effects on healthcare access for low-income individuals. The video emphasizes the importance of understanding the fees and yields of HSAs and considering the impact of high deductibles on healthcare affordability.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What conditions must be met for an individual to be eligible for a Health Savings Account (HSA)?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do high deductible health plans impact individuals' healthcare-seeking behavior according to recent studies?

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