Cost-sharing Jerdon Johnston Cost-sharing Jerdon Johnston

Flexible Spending Account (FSA)

A tax-advantaged account that allows individuals to set aside pre-tax dollars to pay for eligible healthcare expenses, such as medical, dental, and vision care. FSAs are commonly offered by employers as part of health benefit plans, and the funds must be used within a specified period.

A tax-advantaged account that allows individuals to set aside pre-tax dollars to pay for eligible healthcare expenses, such as medical, dental, and vision care. FSAs are commonly offered by employers as part of health benefit plans, and the funds must be used within a specified period.

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Cost-sharing Jerdon Johnston Cost-sharing Jerdon Johnston

Health Reimbursement Arrangement (HRA)

An employer-funded arrangement that reimburses employees for qualified medical expenses. Unlike an HSA, only the employer can contribute to an HRA, and the funds can be used for various healthcare costs, such as copayments and deductibles.

An employer-funded arrangement that reimburses employees for qualified medical expenses. Unlike an HSA, only the employer can contribute to an HRA, and the funds can be used for various healthcare costs, such as copayments and deductibles.

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