Healthcare expenses can be a burden at any stage of life. With deductibles, co-pays, and non-covered expenses, you could easily land in a situation where a large portion of your paycheck is spent on medical bills.

That's why it's so important to have funds available for healthcare bills. So socking money away in an HSA (or health savings account) is an option worth pursuing.

But recent data from Bank of America (NYSE: BAC) shows that most HSA holders could be squandering an opportunity to make the most of their accounts. And if you're in that same boat, that's a mistake you'll want to correct sooner rather than later.

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Source Fool.com