Health plans that include health savings accounts continue to rise in popularity—experiencing double-digit growth over last year, America's Health Insurance Plans said.
Nearly 17.4 million Americans are covered by HSA-eligible insurance plans, an increase of nearly 12 percent since 2013, according to a new census from AHIP.
Most enrollment gains in the HSA/HDHP space in 2014 were in the large group market. The share of HSA/HDHP lives enrolled in large group plans jumped from 59 percent in January 2012 to 68 percent in January 2013, to 74 percent in January 2014.
AHIP has tracked the number of people covered by HSA/HDHPs since 2004 when Congress first authorized the model. Total enrollment in HSA plans has grown, on average, 15 percent annually since 2011.
“HSA plans are increasingly becoming an important and valuable coverage option for consumers and employers,” AHIP President and CEO Karen Ignagni said. “HSA plans provide important tools to support consumers and families in their health care decisions and to help them save for future medical expenses.”
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