Concept of hsa, hra, and fsa with examples

Assignment Help Science
Reference no: EM13790223

A new type of third-party-reimbursement healthcare payment plan is emerging in the United States. CDHPs strive to control costs and improve quality of care by requiring consumers to take control of their own healthcare decisions. Consumers decide how they want to spend their healthcare dollars, depending on what is important to them. CDHPs are geared to encourage participants to enroll in some type of wellness program and improve their lifestyles. Specific types of CDHPs are health reimbursement accounts (HRA), flexible spending accounts (FSA), and health savings accounts (HSA).

However, there are concerns about CDHPs. The consumer may neither understand nor have the education and the tools to manage his or her own healthcare appropriately. This may have long-term ramifications on the whole healthcare system and whether CDHPs can be successful for the consumer, the employer, the physician, and the healthcare facilities, as well as the insurers.

Are CDHPs more geared toward the healthier and younger population?

Are they effective for patients with chronic illnesses?

Will they discourage the use of preventative care and cause increased healthcare costs in the future?

Summarize the history of when, how, and why CDHPs were developed.

Explain HSA, HRA, and FSA with examples.

Examine different segments of the population. Describe which socioeconomic group is likely to benefit the most from CDHPs.

Explain the types of incentives to providers for efficiency in the delivery of healthcare services. Explain who bears the financial risk-the provider, the patient, or the CDHP.

Reference no: EM13790223

Questions Cloud

What measures should amanda take to improve her business : Last year, Amanda Jones opened an ice cream parlor in a busy shopping center. She spent a lot on advertising and attracted many customers into the store, but a few customers made turned up and sales were declining. What measures should Amanda take to..
What is the price of the bond : A corporation issued a $1,000 par value bond paying 4% interest with 10 years to maturity. Assume the current yield to maturity on such bonds is 5 %. What is the price of the bond?
Crime or criminal justice issue based on your research : Support which juvenile justice intervention strategy would be effective to counter the crime or criminal justice issue based on your research
Distinguish between a supply chain and a value chain : Distinguish between a supply chain and a value chain. How do they relate to each other? Why is process value analysis not part of the general ledger accounting system? How can activity-based systems help managers in a global marketplace?
Concept of hsa, hra, and fsa with examples : Examine different segments of the population. Describe which socioeconomic group is likely to benefit the most from CDHPs.
What are the monthly payments required in order to pay off : What are the monthly payments required in order to pay off a $30,000 auto loan at an assumed 1.5 % (one point five percent) APR over a three year period?
Explain what measures you would take to protect inmates : You are the new warden assigned to a closed-security prison. Explain what measures you would take to protect inmates? Explain what measures you would take to protect staff
Present value of this lottery payment schedule : Assume that you won a $ 20 million lottery. You are to receive $1 million a year for 10 years plus an additional $10 million lump sum payment at the end of the tenth year. What is the present value of this lottery payment schedule at an assumed disco..
Base transactions the consolidated statements : The focus is on the concept of red flags and how we detect these inside a corporation. This is important, as the internal controls mechanism should define a specific approach for monitoring financial statements (and the base transactions below the co..

Reviews

Write a Review

Science Questions & Answers

  Advantages and disadvantages of nuclear energy

Identify a country whose electricity production infrastructure relies heavily on nuclear power.

  What are some factors that are associated with violence

what are some factors that are associated with violence? what environmental factors help contribute to violence and

  Issues with mercury

In particular, you have noted this issues with mercury in your state Georgia can you tell us if there are any state laws or policies in place that requires the companies you mentioned scherer steam generating satation and the southern company plan..

  Issue is important for humans-wildlife and the environment

Introduce your choice. Explain why this issue is important for humans, wildlife and the environment. Detailed description of the problem. Present specific details about your selection. This might include a specific habitat, ocean, species, forest,..

  Explain the rock cycle.

1. Describe a boreal forest biome's climate, vegatation, and location.2. Explain the rock cycle. Be sure to include how minerals from one rock end up in a different rock.

  Describe how the three dimensions of sexuality

Describe how the three dimensions of sexuality (biological, psychological, and sociocultural) influence sexual response and arousal.

  Explain how variables such as social interaction

Explain how variables such as social interactions, cognitive processes, environmental variables, cultural context, and biological factors shape social psychology and how it is practiced.

  In at least 200 words select 2 species one r-selected

in at least 200 words. choose 2 species one r-selected species and one k-selected. compare their specific life

  Conventional level of personal moral development

Which of the following leadership mindset emphasizes tight top-down control, employee standardization and specialization, and management by impersonal measurement and analysis?

  What are the conditioned and unconditioned responses

When you are blowing up a balloon, do you feel a little more anxious as the balloon gets larger? If so, how would you explain this in terms of classical conditioning? What are the conditioned and unconditioned stimuli, and what are the conditio..

  Huntington''s disease

Psychosocial Issues in Huntington's Disease. Discuss psychosocial issues in Huntington's disease.

  Species interactions in ecosystem management and restoration

The major structural and functional dynamics (processes) of that ecosystem including change over time How humans may have affected biogeochemical cycles in that ecosystem, including impacts to the nitrogen, phosphorus, or carbon cycle

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd