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HSA Growth Infographic

1 min read

30 sec brief

The rapid expansion of HSAs has been driven by rising healthcare costs leading to a popularity of HSA-eligible healthcare plans.

The rapid expansion of HSAs has been driven by rising healthcare costs leading to a popularity of HSA-eligible healthcare plans.

Employers continue to promote HSA-eligible health plans, like high deductible health plans (HDHPs), to drive lower costs while offering competitive healthcare benefits solutions.

Not surprising, the average employer cost of HSA-eligible health plans is 13% lower than traditional health plans like PPOs.

With this trend, are we headed toward universal HSA adoption, similar to that of 401(k)? We might not be there yet, but the trend seems to indicate that it’s possible.

Healthcare costs (and premiums) continue to rise, faster than inflation, leaving many Americans looking for new healthcare options to keep costs down.

HSA Growth Infographic

You can download the infographic here.

Disclaimer: the content presented in this article are for informational purposes only, and is not, and must not be considered tax, investment, legal, accounting or financial planning advice, nor a recommendation as to a specific course of action. Investors should consult all available information, including fund prospectuses, and consult with appropriate tax, investment, accounting, legal, and accounting professionals, as appropriate, before making any investment or utilizing any financial planning strategy.

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