Which of the following decisions would a Health Savings Account (HSA) owner NOT be able to make?

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Which of the following decisions would a Health Savings Account (HSA) owner NOT be able to make?

A) The amount contributed by the employer
B) The amount contributed by the owner
C) The underlying account investments used
D) The medical expenses paid for by the HSA

Answer: A) The amount contributed by the employer

Health and Accident Insurance

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay? a) $0 b) $30,000 c) $32,000 d) $40,000 Answer: B

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