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1.
"HSA-qualified" policies must cover preventive care services.
True. All health insurance policies must now cover preventive care services, as defined by the federal government.
2.
Once you've met your deductible for an HSA-qualified health plan, all further medical expenses will be covered by the plan.
False. It depends on what the out-of-pocket limit is. Not all plans cover 100% of expenses after the deductible is met. Some plans charge coinsurance after the deductible is met until you meet the annual limit on out-of-pocket expenses.
3.
You may be eligible for a health savings account if you have which of the following?
Any policy that meets the requirements for an "HSA-qualified" insurance plan. It does not matter what kind of policy it is if it meets the HSA requirements.
4.
Which of the following out-of-pocket expenses must be applied toward the out-of-pocket limit under HSA-qualified plans?
All of the above. HSA-qualified policies must apply all out-of-pocket expenses for covered benefits under the plan.
5.
Which of the following out-of-pocket expenses must be applied towards the out-of-pocket limit under HSA-qualified plans?
All medical expenses for benefits covered by the plan received from in-network providers only.
6.
In order for a health insurance policy to qualify for a health savings account, its deductible must meet a certain minimum threshold.
True. This threshold typically rises each year, but you must meet it in order to qualify.