Health Savings Accounts offer employers and individuals an affordable new option for health insurance coverage. Health Savings Accounts (HSAs) have grown in popularity since Congress authorized their use in 2003. The forerunner to HSAs, Medical Savings Accounts (MSAs), were first established in 1996 and had extensive restrictions that impeded their use and success. HSAs are free of those restrictions, and anyone can own one.
There Are Better Healthcare Options Out There
Open Enrollment Season is upon us. It’s that time of year where employees, self-employed, businesses, and local governments start crunching numbers to see how much health insurance will cost next year—and, surprise of surprises, the answer is almost always “a lot more.” Worse yet, the Federal Budget impasse and Government shutdown over ACA healthcare subsidies...