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Employer-Sponsored Insurance and Its Benefits

If you have access to employer-sponsored health insurance, this can be a cost-effective option. Employers often cover a significant portion of the premium, making it cheaper than individual plans. Moreover, these plans typically offer comprehensive coverage, including preventive services, which can lead to long-term savings. If your employer offers a Flexible Spending Account (FSA), take advantage of it to pay for out-of-pocket expenses with pre-tax dollars4.

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