| The benefits are many, but the final choice in | | | | * High-deductible policies that must be linked with |
| favor of a Health Savings Accounts depends | | | | HSAs tend to be cheaper. |
| entirely on the individual's situation. Below is a list | | | | * May be attractive to young, healthy people who |
| of pros and cons as published recently in the | | | | are uninsured. |
| Chicago Tribune Newspaper. | | | | * With incentives, could drive down cost of |
| Pros | | | | insurance for small- business employees. |
| * Tax-free accounts could accumulate money | | | | * If an individual is age 65 or older, he or she can |
| over several years and turn into a sizable | | | | treat certain health insurance premiums (other |
| health-care nest egg for healthy people with low | | | | than premiums for a Medicare supplemental policy, |
| medical expenses. | | | | such as Medigap) as qualified medical expenses for |
| * Consumer is more likely to question health-care | | | | purposes of an HSA. |
| expenses that currently do not get much scrutiny. | | | | |