Five Great Reasons to choose an HSA.

1. You'll save money on premiums.

And you can put what you save in premiums into a pre-tax Health Savings Account (HSA).

2. You can invest what you save.

Instead of paying a lot more every month for coverage you may not even use, invest the difference in your own health savings account. Earn interest on your savings. The money is yours, so take it with you when you change jobs or retire.

3. An HSA is the best tax-savings retirement opportunity out there.

Think of an HSA as a medical 401k, only better. You put money in and deduct it from your taxes. (Your employer can contribute too.) Then you earn interest.

So why is this better than a 401k? Let's say you use the money for health care expenses or health premiums after age 65. Unlike a 401k, your money is never taxed. And if you don't spend the money on health care, you can withdraw it for any reason, although like a 401k the money will be taxed.*

4. You can keep your doctor.

Unlike restrictive HMOs, an HSA qualified plan is a PPO, and your doctor is probably in the network. This gives you tremendous flexibility in choosing a doctor.

5. You are protected.

Most HSA qualified plans cover preventive care services at 100% and have a fixed limit on your out-of-pocket costs before 100% of your medical expenses are covered. That out-of-pocket amount is what your HSA can be used to cover.

70% of insured people incur less than $1,000 a year in medical expenses (including what both the patient and the health plan pay).** Why not invest the money you would have paid on higher premiums in a tax-advantaged account?