This is a program of flexible spending accounts.
A flexible spending account (also known as a flexible spending arrangement) is a special account that puts the money you use to pay for certain medical expenses out of your pocket. There is no tax on this money. That means saving an amount equal to the tax you would have paid for the money you set aside.
Employer agreement. You can pay a lot of medical expenses in tax-exempt dollars. Permissible costs include insurance out-of-pocket and deductions, eligible prescription drugs, insulin, and medical devices.
Learn more about flexible spending accounts. here: https://brainly.com/question/14181290
#SPJ4
