Health plan partnerships were the leading driver of new account growth in the first half of 2019, accounting for 42 percent of new accounts opened.
Are consumers finally catching on to the "savings" aspect of health savings accounts? Based on the results of the 2019 Midyear Devenir HSA Research Report, maybe.
At June 30, the amount of assets within such accounts rose 20 percent, $61.7 billion, from June 2018, according to data collected primarily from the top 100 HSA providers. The total number of accounts during that period rose 12 percent, to 26.26 million.
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
