One area that saw an increase in HSA spending? Chiropractic services–likely due to more Americans working remotely. (Photo: Shutterstock)
A new report on the use of health spending accounts (HSAs) noted the serious impact on the accounts caused by the COVID-19 pandemic in 2020. A decline in many kinds of medical visits and higher spending for prescription drugs were two of the major trends of the year, but the report noted—with caution—that health spending may revert to more normal patterns this year.
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