YOU DO NOT KNOW WHAT THE HECK YOU ARE TALKING ABOUT!
An “HSA” is NOT, an “MSA” -— with an HSA you do NOT have to give the money back, there is no “use it or lose it” in the HSA PLAN!
It is a BRILLIANT idea and you need to study the issue a bit, before you spout off here.
Also, even the MSA makes sense, for those responsible enough to figure out how to use it!
The HSA attracts those of us who are self employed. I am 51 years old, and I carry a High Deductable health insurance plan. I can then put lots of money into my HSA every year, and use that money for the deductables and co-insurance, if needed.
My Health Insurance premium is about $102.00 a month. I carry a $5,000.00 deductable. It is the SMARTEST thing anyone can do.
I am a CFP
I am a Health Insurance Agent.
I am self employed.
I have an HSA.
I have a disabled Grand Daughter.
Dems who do not like HSA plans are scum.
You, on the other hand, I am hoping you are only misinformed!
probably, but i still dont like having the government tell you where to put your money, preventing your use of it, unless you spend it on what they 'approve'