I'm thinking about getting the highest deductible plan for next year, which would save us a lot of money. With that money, I'm planning to put all the savings (and some more) into our HSA account. We are on a family (and will still be) plan, me and my wife. We are both under 30 without any health problems.
My reason is that we are so young and without any problems so we don't need any coverage more than the most basic. If we do need any medical care during the year we just use the HSA for everything and if not we can just keep the savings for when we get older and might need the money more. Spending it on health insurance is just a waste because if we don't use the insurrence the money is just gone. The one flaw I see in this is what if something catastrophic happens soon after new years. Fortunately, we have about 20k saved outside of health costs. So we could recover from that.
I'm just worried I might have overlooked something important. Are there any other cons that I should be aware of with this strategy?