No Comments March 14, 2008 – 3:56 pm

Health Savings Accounts, or HSA’s, are a new alternative for those looking for affordable, low-cost health insurance. However, while these are gaining popularity, they are very new and quite complicated when compared to more traditional health insurance options. The deductibles are quite high on HSA’s but they can be used as investment vehicles in a fashion similar to life insurance. Due to the relative novelty of this option and its complexity, HSA’s are only recommended for those already familiar with health insurance and looking for a potential investment vehicle.