The Baulding family has a basic health insurance plan that pays 80 percent of out-of-hospital expenses after a deductible of $250 per person. If three family members have doctor and prescription drug expenses of $906,$1,577, and $206, respectively, how much will the Baulding family and the insurance company each pay? How could they benefit from a flexible spending account established through Mr. Baulding's employer? What are the advantages and disadvantages of establishing such an account? The Baulding family will pay (Round to the nearest dollar.) The insurance company will pay (Round to the nearest dollar.) How could they benefit from a flexible spending account established through Mr. Baulding's employer? What are the advantages and disadvantages of establishing such an account? (Select the best choice below.) A. A flexible spending account offers the Bauldings the advantage of paying for health care expenses not covered by insurance (such as unreimbursed medical or dental expenses including co-pays to doctors, deductibles, and qualified child care) with pre-tax dollars. Disadvantages include the "use it or lose it" feature of the plan; any contributions to the flexible spending account not used by the end of the year are lost. B. A flexible spending account offers the Bauldings the advantage of paying for all health care expenses with pre-tax dollars. The only disadvantage is not having the use of your money all year