Sunday, February 7, 2010

Interesting Spin on Health Insurance

When CJ was contemplating working full time as an independent contractor we were looking into buying health insurance. One aspect I came across was a health savings account which, in a nutshell, isn't health insurance at all - but just what it says it is; a savings account.

Since this is not something you purchase from an insurance company, part or all of the money you save on premiums can then go into a tax-free health savings account; in YOUR name.

Pretty interesting stuff. I am going to have to read more about it. Thoughts?

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