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.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.