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A tax favored account used by the employee for medical expenses distinguished from a Medical Spending Account in that balances in the account at the end of the year can be carried forward.
Disclaimer: The information provided on this website is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state. See a licensed agent for detailed information on your state. PeopleKeep, Inc., does not sell health insurance.
