Which type of insurance plan allows for contributions that can be used to pay for non-reimbursed medical expenses?

The correct choice is a Flexible Spending Account (FSA). An FSA is a type of account established by an employer that allows employees to contribute a portion of their earnings, on a pre-tax basis, to pay for qualified medical expenses. These expenses can include not only deductibles and copayments, but also other costs that are not reimbursed by insurance, such as certain over-the-counter medications and health-related items.

The key feature of an FSA is that it allows individuals to set aside money specifically for health expenses incurred within the plan year. While there are limits on how much can be contributed annually, money from an FSA can typically be accessed immediately at the start of the plan year, allowing for upfront coverage of medical expenses.

In contrast, a Health Savings Account (HSA) is also designed to pay for qualified medical expenses, but it is associated with high-deductible health plans and allows funds to roll over from year to year. A Medical Savings Account (MSA) is similar to an HSA but is typically used by self-employed individuals or small businesses. Lastly, a Retirement Health Account (RHA) is not a widely recognized or specific account type in the same context as the others and often focuses more on health