Employer-provided flexible spending accounts are typically used to pay for health insurance deductibles and co-insurance.

Question

Quizplus · Accepted Answer

Employers provide flexible spending accounts to their employees as a benefit to help them pay for various healthcare expenses such as deductibles, co-insurance, copayments, and other medical expenses. Therefore, it is true that flexible spending accounts are typically used to pay for health insurance deductibles and co-insurance.

Employer-Provided Flexible Spending Accounts Are Typically Used to Pay for Health