My husband and I are self employed and this means that we have to pay for our own Health Insurance. We are paying so much for our health insurance then we still have to take out of pocket. Someone told me about health savings account or HSA. I am looking forward to participate in an HSA; it is also a tax advantage medical savings account. I also like the idea that if you are not able to use it this year it will accumulate. Over time, if medical expenses are low and contributions are made regularly to the HSA, the account can accumulate significant assets that can be used for health care tax free or used for retirement on a tax-deferred basis.