Even with the best of health care plans, there are certain expenses the plans don't cover. With a Medical Reimbursement Account, you can set aside money from your paycheck to pay for those expenses. The money you set aside is exempt from taxation, so you end up owing fewer taxes on your income.
To learn more about Medical Reimbursement, please read the latest FlexElect Handbook on the Flex Accounts Bookshelf.
