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A CPA Selects a Medical Care Plan
Your friend Taliesha Jackson of Stillwater, Oklahoma, recently changed to a new job as a CPA in a moderate-size accounting firm. Knowing that you were taking a personal finance course, she asked your advice about selecting the best health insurance plan. Her employer offered five options. In addition, she could open a flexible spending arrangement and pay any premiums she must pay through a premium conversion plan:
(a) To help her make a decision, Taliesha has asked you to list two positive points and two negative points about each plan. Prepare such a list.
(b) Why might Taliesha's employer provide an incentive of dental insurance if she chooses option B?
(c) Which plan would you recommend to Taliesha? Why?
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