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

  Sociologists make to our understanding of poverty

What contributions do sociologists make to our understanding of poverty? What are the broader social dynamics and some of the specific population dynamics that we can learn from asking sociological questions?

  The existence of deltas on the human population

What Potential impact does the existence of deltas have on the human population in the U.S.?

  Physical and chemical properties of water

Describe the major experiments and scientists involved in the discovery of DNA as our hereditary material and its structure.

  Using up-to-date technology examples describe it systems

to achieve the learning outcomes of the module you must complete all tasks below use only the most important up-to-date

  Biomes-development-pollution, and you

Each part of the United States has at least one ecological crisis based on location, biome, and industrialization pattern. For example, the Midwest was once a prairie with very fertile soil. However, when people realized that with the right wateri..

  Develop hypotheses predicting the effect

Develop hypotheses predicting the effect of pyrite and coal on the acidity of water? Based on the results of your experiment, would you reject or accept each hypothesis that you produced in question 1? Explain how you determined this.

  The differences between internal and external attribution

Examine the role of attributions in our social world. What are attributions, and how do we use them in our daily lives? Discuss the differences between internal and external attributions and describe the fundamental attribution error. For example, wh..

  Describe the correct way of charting in a patients record

discuss the correct way of charting in a patients record. analyze the impact of poor documentation in patient care?

  Explain how attitudes can be acquired by social learning

Define Attitude Explain how attitudes can be acquired by social learning Describe the characteristics of sources and audiences of persuasive messages that influence attitude change

  What are the two generations of hmos

What are the two generations of HMOs?

  Organism and its environmental needs

How would these organisms survive if the temperature warmed up this much?

  The environmental compliance manager for a profitable

The environmental compliance manager for a profitable

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