Flexible spending accounts and health savings accounts are examples of ________.

Question

Quizplus · Accepted Answer

A) Consumer-driven health care plans give each employee a set amount of money annually with which to purchase health care coverage which involves high-deductible insurance coverage combined with a tax-advantaged account like a flexible spending account or health savings account. They are a good way for employers to provide the same caliber of benefits to their employees while also reducing premiums and involving employees in the cost of coverage.

Flexible Spending Accounts and Health Savings Accounts Are Examples of ________