Cost of medical benefits has been escalating for decades

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The cost of medical benefits has been escalating for decades. One of the ways that companies are managing the rising costs, is to offer a health savings account (HSA) along with a high deductible health plan (HDHP).

1) Define what an HSA and HDHP are and what the 2017 IRS limits are for these plans in detail and Give an example of a company that offers these to their employees.

Reference no: EM131726556

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