HEALTH SAVINGS ACCOUNTS

HEALTH SAVINGS ACCOUNTS
Record keepers take front seat on HSA bandwagon

Record keepers are signing deals with HSA providers to incorporate health care into their expanded financial wellness programs.

BofA, Fidelity have long love affairs with HSAs
HEALTH SAVINGS ACCOUNTS
BofA, Fidelity have long love affairs with HSAs

Two large record keepers have been offering health savings accounts long before their peers.

Investment assets in HSA accounts jump 23% in 2018
HEALTH SAVINGS ACCOUNTS
Investment assets in HSA accounts jump 23% in 2018

Investment assets in health savings accounts jump 23% and have surpassed the $10 billion mark.

Participants mostly in the dark about HSA benefits
HEALTH SAVINGS ACCOUNTS
Participants mostly in the dark about HSA benefits

Expanding health savings account allocations won't automatically improve participation, research shows.

HSA assets increase 20% for year ended June 30, totaling $51.4 billion
HEALTH SAVINGS ACCOUNTS
HSA assets increase 20% for year ended June 30, totaling $51.4 billion

HSA assets rose 20% to $51.4 billion for the year ended June 30, with an estimated $9.8 billion of that representing investment assets.

Employers offer incentives to get more acceptance
HEALTH SAVINGS ACCOUNTS
Employers offer incentives to get more acceptance

Employers are providing monetary contributions and other incentives to encourage greater HSA balances.

EBRI: 'Very little growth' in HSA enrollment 2014-2017
HEALTH SAVINGS ACCOUNTS
EBRI: 'Very little growth' in HSA enrollment 2014-2017

Enrollment in health savings accounts demonstrated "very little growth" between 2014 and 2017.

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