Employees might be getting the hang of saving in a health savings account—either that, or they're so concerned about how much they'll have to spend on medical care that they're managing to save more than they need in a single year.
That's according to new research from the Employee Benefit Research Institute. Its HSA database findings indicate that more than 90 percent of HSAs with individual or employer contributions in 2016 ended the year with funds to roll over for future expenses.
The findings, published in its Sept. 19 EBRI Issue Brief, "Health Savings Account Balances, Contributions, Distributions, and Other Vital Statistics, 2016: Statistics from the EBRI HSA Database," reveal that two thirds of account holders ended 2016 with positive net contributions, meaning they put more into their accounts than they withdrew throughout the year.
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