Which of the following is an example of a Benefits Coverage Type?

The correct answer is "Medical" because it is a specific category that classifies the type of benefits coverage provided to employees. Benefits coverage types are typically structured to categorize various forms of health-related insurance or financial support that employees may receive as part of an overall benefits package. "Medical" directly refers to health insurance coverage for medical expenses, which is a primary aspect of employee benefits.

On the other hand, while 401(k), Health Savings Accounts (HSAs), and Flexible Spending Accounts (FSAs) are all related to employee benefits, they do not serve as coverage types in the same way that "Medical" does. The 401(k) is primarily a retirement savings plan, HSAs are focused on saving for medical expenses with tax advantages, and FSAs provide a way to use pre-tax income for qualifying medical expenses. These options are important components of employee benefits, but they do not fit under the umbrella of traditional coverage types like "Medical."