Commentary: Consumers are beginning to see some direct effects of the Affordable Care Act. Many have shopped the exchanges and see that they need to confirm health care coverage as part of filing their federal income tax returns, and a growing number continue to see the structure of medical benefits offered by employers shifting to high-deductible health plans.
These changes are ultimately driving the question for consumers: How will I afford the initial deductible amount associated with these new types of health insurance plans? Let’s focus on the decision between a flexible spending account and a health savings account to supplement this deductible. Here are some of the fundamental differences between FSAs and HSAs:
