The Medical IRA: Why Health Savings Accounts (HSAs) are the Best Thing Since Sliced Bread Why do Health Savings Accounts (HSAs) make so much sense? Because this health insurance plan rewards you when you use it, and when you don’t. Unlike flexible spending accounts (FSAs), you don’t forfeit your funds at the end of a specified time period. HSAs compliment a high deductible health plan (HDHP) letting your money grow over time as tax free savings. You have ownership of your money, and freedom of preventative care and alternative medical options. In this workshop, you will learn about the incentives HSAs have to offer.