Health Savings account

My company offers very good health insurance packages including the HSA. I have decided to enroll in the scheme starting next year (yeah, take the risk). In short, HSA concept is to combine an affordable qualified High Deductible Health Plan (HDHP) with a tax-favored health savings account (HSA). The reasons to join include

1. Company provides a contribution ($700/yr for individual)
2. i can make tax deductable contribution of $1200/yr
3. i dont have much health related problems so i think i can afford to take that risk
4. i intend to treat HSA as any other investment account and make the money grow for my retirement medical expenses (which is a long way to go)
5. I still get my free annual checkup, allowing me to check my health conditions every year and decide whether to continue with HSA or switch back to normal insurance.

I decided not to enroll my better half into my HSA account for two reasons

1. Her company provides very good medical insurance
2. i am not comfortable with the amount of risk invovled in putting both of us on HSA.

I will keep updating on how this plan works out!