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.”
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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.
