Jacob Is Concerned That His Out-Of-Pocket Health Care Expenses Will

Multiple Choice

Jacob is concerned that his out-of-pocket health care expenses will be quite high, so he is considering adding contributions to a tax-free account that he can use with his high-deductible policy to cover catastrophic expenses. What kind of plan does he have?

A) FSA
B) HRA
C) HSA
D) Medicare
E) Self-funded health plan