Question

which is the most efficient means to store phi?
audiotapes
paper
electronic storage
microfiche
question 16 (2.5 points)
medical savings account (now health savings account) is a means to shelter funds from taxes to pay for ______.
premiums only.
yearly irs tax liability.
only hospital bills.
medical expenses.

Explanation:

• For the first question: Electronic storage is more efficient than audiotapes, paper, or microfiche as it allows for easy access, retrieval, and can store large amounts of data in a relatively small space.
• For the second question: Health Savings Accounts (HSAs) are used to shelter funds from taxes to pay for medical expenses. They are not just for premiums (premiums are usually paid separately in many cases), not for yearly IRS tax liability in the sense of general tax liability (they are for medical - related tax - free spending), and not only for hospital bills (they can cover a wide range of medical expenses like doctor visits, prescriptions etc.).

Answer:

• First question: Electronic storage
• Second question: medical expenses