Which option is the most effective for companies and employees: a flexible spending account (FSA) or a health savings accounts (HSAs)

Q: How does having an effective payment model impact the role of a manager / administrators in a…

A: Effective Payment Model: Payment Model refers to the system of paying for the quantity of service…

Q: A client comes to you who needs help developing a plan for retirement and doesn’t have a current…

A: Retirement planning involves saving funds and investing it adequately; so that, the principal and…

Q: What type of function models a savings account

A: The saving accounts contain compound interest charge on their balances which indicates the…

Q: How will I, as a health care manager, be involved in long-term financing for your organization?…

A:

Q: Define Employee discounts.

A: Discount:   It is a portion of money that is deducted from the selling price of a product or a…

Q: PROBLEM 1: Termination, short-term, long-term employee benefits Xion Company had the following…

A: Employees benefits are benefits in non- cash or cash compensation provided to employees in addition…

Q: When is it appropriate to match the cost structure of a healthcare organization to its revenue…

A: The cost structure of the organization includes all tyoe of the costs such as fixed cost, variable…

Q: Roth savings incentive n simplified emplovo

A: the correct answer is option (B)  Saving incentive match plan for employees

Q: How much is the net income after income tax provision at December 31, 2003?

A: We need to calculate income tax provision first to find out net income after tax provision.

Q: Explain Employee benefit plans.

A: Tax: Tax refers to a compulsory payment or a contribution to the state revenue, levied by the…

Q: RetirementAccounts. Why are retirement accounts more beneficial than other investments that could be…

A: Retirement planning is the process of determining how much money a person will need to live…

Q: What specific skill and knowledge did you acquire in the identity SMART goal worksheet (personal…

A: SMART Goal: The SMART goal worksheet is widely used to set and achieve goals.  SMART in the term…

Q: How will you, as a health care manager, be engaged in the long-term finance of your organization?…

A: As a health manager, I'll be involved in long-term funding decisions for my organization, and I'll…

Q: Explain why mobile employees might prefer cash balance plans over defined benefit plans.

A: Cash balance plans: These are the defined benefit plans which provide the benefit of a 401(k) plan…

Q: For financial institutions, wages and staff benefits are considered part of which type of the…

A: The Financial institutions are the company which are engaged in the transactions related to the…

Q: Retirement programs, unemployment benefits, financial aid and other expenses that involve transfers…

A: Transfer of money refers to the movement of money from one individual or entity to another, without…

Q: Emergency Fund Ratio reveals: Group of answer choices How readily a client would be able to meet…

A: Financial resilience in the face of unexpected life events is a cornerstone of personal finance. One…

Q: Group of answer choices a. True b. False

A: The final salary plan is a conventional kind of a defined benefit plan in which the pension paid is…

Q: Your company has decided to offer company-sponsored, outsourced retirement planning to employees as…

A: Retirement benefits are the  monetary benefits to be paid at the time retirement to employees by…

Q: Which type of account can be used as a retirement savings account?    Section 529 Plan.  Health…

A: A Health Savings Account (HSA) is a tax-advantaged account that enables individuals to save money…

Q: Write down the importance of time value of money for healthcare organization.

A: TVM is the concept which states that worth of money today is more than its worth in the future.

Q: What stakeholders are most interested in the financial condition of a health care business? Why is…

A: Disclaimer:-  Since You have asked multiple question. We will answer you the first question. If you…

Q: Current account benefits for the account holder and borrowers

A: A bank is a financial institution that provides a mechanism for smooth flow, movement, and transfer…

Q: A ________ plan puts the onus of decision making and investment risk on the employee. A. Defined…

A: The defined contribution plan and the defined benefits plan are the types of retirement pan availed…

Q: Social Security is a “pay-as-you-go” system. How

A: Social security refers to the protection which is provided by society to individuals or households…

Q: what is the dilemma faced by health care finance managers in light of the ultimate goals of health…

A: Solid financial performance is linked to a better patient-reported experience of treatment, which is…

Q: The main selling point(s) of managed care is (are) what? ☐ 1) Reduce the cost of care. 2) Raise or…

A: The main selling points of managed care are to reduce the cost of care (1) and maintain the quality…

Consumer Credit Counseling Services

Credit counseling teaches consumers about credit, budgeting, money management, and debt management. The counselor ensures that consumers can pay off their debts without declaring bankruptcy. Counselors also assist the negotiator, who negotiates with creditors on behalf of their clients to reduce interest rates on outstanding debt. Counselors can offer credit counseling to customers before or after they take on debt. Consumer Credit Counseling Services (CCCS) is a non-profit organization that offers credit counseling services. Some organizations can also be for profit. This type of organization comprises a group of professionals who are skilled negotiators.