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 $ 982​, $ 1 comma 582​, and $ 183​, ​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? Question content area bottom Part 1 The Baulding family will pay ​$    enter your response here. ​(Round to the nearest​ dollar.) Part 2 The insurance company will pay ​$    enter your response here. ​(Round to the nearest​ dollar.) Part 3 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 all health care expenses with​ pre-tax dollars. The only disadvantage is not having the use of your money all year. B. 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.