This consumer-driven health care option allows employees to contribute pre-tax wages annually to pay for qualified medical expenses,but they will lose the balance not used at year's end.(Consumer-Driven Health Care)

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The description matches that of a flexible spending account (FSA), which allows employees to contribute pre-tax wages to pay for qualified medical expenses but with the caveat that any remaining balance at the end of the year is forfeited. Health reimbursement arrangements (HRAs) and health savings accounts (HSAs) also allow for pre-tax contributions, but any remaining funds in those accounts can typically roll over to the next year. "Flexible savings accounts" is not a commonly used or recognized term in the context of health care benefits.

This Consumer-Driven Health Care Option Allows Employees to Contribute Pre-Tax