The Baulding family has a basic health insurance plan that pays 80 % of out-of-hospital expenses after a deductible of $250 per person. If three family members have doctor and prescription drug expenses of $ 993, $1,419, and $201 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?