Insurance coverage ranging from broad coverage policies to provide payment for doctor visits, emergency care, pharmacy to “major medical” policies that are subject to higher deductibles for a lower premium.
A tax-advantaged financial accounts that can be set up through an employer. An FSA allows an employee to set aside a portion of earnings to pay for qualified medical expenses, most commonly for medical expenses but often for dependent care or other expenses.
A tax-advantaged savings account available to those who are enrolled in a high-deductible health plan (HDHP). The funds contributed to an account are not subject to federal income tax. HSAs are owned by the individual, which differentiates them from company-owned Health Reimbursement Arrangements (HRA).