Tweet This

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.

Federal Medical Assistance Percentage (FMAP)

The total percent of a state’s Medicaid expenses that are paid for by the federal government. This percentage can vary from 50 percent to 83…