I’m now an official holder of a Health Savings Account. HSAs allow you to save for retirement — just like traditional IRAs. but unlike IRAs, they allow you to spend some or all of your retirement account on medical needs now … all fully tax free.

Steve Forbes believes that HSAs could help alleviate the health care crisis. I agree. Consumers can have the opportunity to price medical produces and pay for them with their dollars.

some quick questions:
– why has the cost of certain medical procedures risen so much over time?
– why has the cost of almost all elective procedures (cosmetic surgery, laser eye surgery, etc) gone down over time?

the answer: because in the second type of procedure, a consumer is incented to shop around and find the best price/quality mix.