Welcome to health care magic.
1.
Hemangioma is an incidental findings in the spine MRI, its blood based lesion with in the middle of the vertebrae, there is no specific treatment given just monitored in followup scans.
2.Lubmar
spondylosis - is degenerative changes with
osteophyte / bony out growth / spurs seen with disc pathologies.
3.There is a disc between the
vertebral bodies helps as a shock absorber effect, the disc contains maximum percentage of water, due to degenerative changes when the water content / hydration is lost the disc slips / bulges.
4.Which is seen at level of L4-5 and L5-S1.
5.The treatment include back exercise followed by
physiotherapy, finally operative / interventional, in your case final thing is not necessary. Good luck.
Hope i have answered your query.
Any thing to ask do not hesitate. Thank you.