Unlike these “use it or lose it” situations, one of our HSA plans is more like a sensible, retirement account.
You can use the HSA plan as you need it, plus it grows tax free when you don't! Don't let the insurance company spend your hard earned premiums whether you need coverage or not.
- If you were planning for your retirement, would you pay a high monthly rate that was subject to change in return for a low fixed amount that would only be paid in the event that you retired?
- Would you accept a deductible in the event that you retired?
No, of course not! That wouldn't be a logical choice, yet that is what many of us do every month with traditional health insurance plans. HMO plans are making millions of dollars while millions of people go uninsured because of high premium costs.