"Individuals who don't have large annual health care costs can profit from switching to HSA accounts," says JoAnn Laing, author of the forthcoming book “The Consumer Guide to HSAs.”
Comb Through Your Bills. Being an effective health-care consumer means understanding the bills and statements that you get after a doctor's visit. To do that you'll need to educate yourself on exactly what procedures you need, what your plan covers and what it doesn't.
Health Savings Accounts were one of the topics discussed by President George W. Bush and Senator John Kerry in the third presidential debate on Wednesday, October 13 at Tempe, Arizona.
For more details on what's qualified and how to calculate deductions, see IRS Publication 502 (http://www.irs.gov/pub/irs-pdf/p502.pdf) or contact a qualified tax advisor.
