For years, Health Savings Accounts (HSAs) were thought of as "the cheap insurance" because consumers paid more out-of-pocket expenses, which resulted in lower premiums for both the consumer and the employer. How do you know if an HSA is a good fit for your medical insurance needs? First, analyze your medical spending habits. Are you a relatively healthy person, or a minimal spender on healthcare? Or, are you on many medications or make frequent trips to the doctor, which would make you a high spender. What are your views on investing? An HSA is an investment too. It's designed to be a long-term investment. You can invest the funds in the account so they have the opportunity to grow. If you can afford it, let that account grow and pay cash out of pocket for your medical expenses. This podcast, with host Brian Leitner, will walk you through the pros and cons of an HSA, simplifying the decision on if it is right for you. Questions for our host? Email us at [email protected]