Monday, December 13, 2004 Saving for Your Health

It is interesting to see that some of the fear around HSA's is still alive and well after a year.
Still, HSAs do have drawbacks. If you are healthy now but turn critically ill later, you may or may not be able to switch into a traditional health policy with a low deductible. That will depend on enrollment rules at your employer.
I know that in some cases this may be true, but many times the out-of-pocket costs even when paying the larger deductible can be offset with the savings.

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