A ____________ Is an Account Set Up by an Employer

question 95

Multiple Choice

A ____________ is an account set up by an employer for each employee that permits pre-tax contributions to the account to be drawn on to pay for uncovered health care expenses (like deductibles and co-payments) .

• A)health spending account
• B)flexible spending account
• C)wellness spending account
• D)variable spending account

---

Definitions:

Rate of Change

The speed at which a variable or condition undergoes alteration over a specific period, often used in contexts ranging from technology to environmental conditions.

Innovation

The act of converting a concept or innovation into a product or service that adds value or is something consumers are willing to purchase.

New Idea

An original concept, thought, or innovation that has not been previously considered or implemented.

Lack of Information

A situation where insufficient or no data is available to make informed decisions or understand a situation fully.