bkpolymers1617
A company's medical savings account program allows employees to have a set amount deducted from each paycheck to be applied toward any medical expenses incurred throughout the year.
Employees should participate in the program as a means of maximizing their payment potential for medical expenses.
Which of the following, if true, is the best reason for employees not to participate in the program?
a) Money left in the medical savings accounts at the end of the year may be rolled over and spent in the next year.
b) Putting the money in regular savings accounts will yield more cash for employees, because the medical accounts have a lower-than-normal interest rate.
c) Medical costs are predicted to increase more quickly than employees' salaries this year.
d) Some employees may be getting large raises halfway through the year.
e) The medical savings accounts can be used to pay for dental or optical services.
To weaken the argument above we might need to find the statement that would break the argument.
Premise: A company's medical savings account allows employees to set aside some income so that they can pay their medical expenses during the year.
Conclusion: Employees should participate in the programs as a means of maximizing their payment
Maximizing their payment = More money for payment towards expenses then the amount invested.
a) Money left in the medical savings accounts at the end of the year may be rolled over and spent in the next year.
Strengthens but question stem for the yearb) Putting the money in regular savings accounts will yield more cash for employees, because the medical accounts have a lower-than-normal interest rate.
Correct if the interest earned in the saving account is more than there will be more money at the disposalc) Medical costs are predicted to increase more quickly than employees' salaries this year.
Out of scoped) Some employees may be getting large raises halfway through the year.
Out of scopee) The medical savings accounts can be used to pay for dental or optical services.
All these are medical treatments only