“The gambling industry knows exactly what it’s doing. As one former FanDuel employee put it, “Anybody under twenty-five they have their eye on … [those are] the guys that bring you all the money.” These companies use sophisticated behavioral targeting to identify when users are at their weakest”

Tax free money doesn’t help with catastrophic costs, like a trip to the ER or a cancer diagnosis.

And, like 401ks and home equity, large HSA/FSA will become a target for finance - people will be tempted and encouraged to tap into it and spend it on non-medical stuff.