What Is FSA In Health Insurance? 
That is a great question ! An FSA , Flexible Spending Account , is a part of a companies benefits package that allows you to take a portion of your pay before being taxed and put it in a dedicated account used to pay for medical expenses . It is a good thing to have , if prescription costs in your home are a regular expense , for example . The thing to be aware of with this kind of account though , ids that there are caps to what you can put into it , and whatever you contribute has to be spent by years end , or it disappears . Talk to your HR person , or plan administrator , and get some more details about this benefit , and what it will pay for . Thanks for asking ! 