Jack has to decide between two jobs that provide equal pay.He decides to compare the healthcare benefits provided by both jobs to arrive at a decision.He wants to choose the job that offers him a flexible spending account over the job that offers him managed care.Which of the following,if true,strengthens his decision?
A) With managed care, the insurer makes decisions about health care, which helps avoid unnecessary procedures.
B) Money in flexible spending accounts is not taxed, so employees get more take-home pay.
C) In flexible spending accounts, employees will get back the money they do not spend.
D) Flexible spending account is not helpful if employees have unpredictable health care expenses.
E) To avoid taxation of the money in a flexible spending account, the money must meet IRS requirements.
Correct Answer:
Verified
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