Health insurance can be unattainable for most self employed individuals. Even with the group rates that many have worked to achieve through associations and other organizations, the premiums can still put a heavy dent into the monthly income. To make matters worse, writing that monthly premium check makes you even more aware of how much money you are throwing away.

Health Savings Accounts will help reduce the pain. Instead of paining outrageous premiums for full coverage insurance, you get to invest in a tax exempt account to pay for medical expenses. You will have to get a catastrophic policy, but for a family that premium can be as low as $200 a month.

There are a number of benefits that HSA's offer to the individuals and families that choose that path for insurance. The money that goes into the health savings account will be there unless it is used for medical purposes. It is not lost to premiums. The HSA can be used for spouses and dependents. And the HSA contributions are pre-income (meaning that they are taken out before taxes are determined).

The Health Savings Accounts give the power to the individual and not to the companies or organizations. You will decide how much to contribute, how much to use for medical expenses, which medical expenses you want to pay from the account, whether you want to keep the money in the account to use for the future and how the money will grow (where it will be invested).

It is time to take back control of your health and your medical care. A Health Savings Account puts the decisions in your hands and helps you become more aware of the options that are available to you. You no longer have to wait for approval from your insurance company. The choice becomes yours.