Reply #39: Consumer driven health care allows me to give much less of my money to the insurance company

[RB TexLa]

instead the funds that would be sent to them are invested in both fdic insured savings and in mutual funds. I have had $0 spending from my HSA or from the insurance company for health care this year. I may have an annual exam which would be paid from the insurance policy (ie my and other insureds money) we tend to forget when the doctor says "oh your insurance is paying for it don't worry about the cost," that means we are paying for it. Remember doctors want to take and steal as much money as they can from you. They don't care if they steal it from your pocket or from your pocket through the insurance company.

The best thing about the HSA is the tax free growth in it and after age 65 you can withdraw it for whatever you want and not pay a penalty, just normal income tax on it. When I have had some medical costs I have paid them out of pocket instead of out of the HSA to keep from reducing it and it's tax free growth.

I know they aren't for everyone, if you have a condition or maintenance drugs you are better off on a traditional compressive plan but if you are in good health, it is the best way to go. You keep so much more of you money.