Insurance term: FSA
What it really means: "Flexible Spending Account." It's like an HSA, but doesn't roll over year to year or if you change jobs
Unlike an HSA, an FSA is owned by your employer, and you usually don’t get to keep the money from year to year or if you leave the company. So if you know for sure that you're going to have health care costs in a given year, this might be your best option.
Insurance term: FML
What it really means: Fuck my life.
This is something you'll be saying when you're staring down all the different plans and trying to decide how much you want in your FSA, wishing you were born in Canada, or anywhere else really, GOD, why does health insurance in this country have to be so difficult?!
Just kidding. You can do this! These are the buzzwords you want to be cognizant of as you’re flailing in the sea of information that is choosing an insurance plan. Keep in mind that, as Baker says, “There's one plan that's going to be the best, technically, but the reality is it depends a lot on your circumstances.” Do you have lots of prescriptions? Do you expect to see a doctor often? If you unexpectedly had bills, could you pay them?