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Flexible Spending Accounts (FSA)

Accounts that allow employees to set aside money, tax free, for use on health costs not covered by their insurance plans. These costs include over the counter medicine, dental work, co-pays, or deductibles.

Excessive Waiting Period

The Affordable Care Act prohibits excessive waiting periods for employer-sponsored insurance coverage, defined as waiting periods over 90 days. In other words, an employer cannot…