C. Dean Richard is a benefits consultant and financial planner with over 25 years experience. His nationwide agency has marketed health savings account plans and its predecessor, the medical savings accounts, since 1999. His familiarity with the HSA plans has earned him the nickname �the HSA king.†Clients of his agency range from white-collared self-employed professionals to spouses of employees who must purchase their own individual health insurance.
7 Things You Should Know About Health Savings Account Plans Health savings accounts (HSAs) are wildly popular. Since their introduction in 2004, approximately 2.5 million Americans have enrolled in these so-called consumer-driven health plans. But, alas, HSA plans are not for everyone.Here are some pointers to help you consider whether an HSA will benefit you and your family. 1. An HSA plan can cut healthcare costs by an average of 40% for many people....... Similar Editorial : by Wiley Long. | Source : Advanced Accounting