
House bills seek to enhance HSAs
A proposed House bill would establish a special rule for qualified medical expenses incurred prior to the establishment of a health savings account.
A proposed House bill would establish a special rule for qualified medical expenses incurred prior to the establishment of a health savings account.
Health saving account assets experienced strong growth during the first half of 2023, reaching $116 billion in almost 36 million accounts by the end of June, a year-over-year increase of 17% for assets and 6% for accounts, according to new research by Devenir.
Nearly 72 million Americans were covered by health savings accounts at the end of 2022, an increase of 6.5% from the year before, and HSAs are used across the income spectrum, with 75% of accountholders living in a zip code with a median household income of less than $100,000.
Nearly 72 million Americans were covered by health savings accounts at the end of 2022, an increase of 6.5% from the year before, according to a new survey by Devenir and AVA’s Health Savings Account Council.
Consumers continue to invest in HSAs for future medical expenses, with a year-over-year increase in 2022 of 6% for assets and 9% for accounts, according to a new survey from Devenir.
An estimated 67 million Americans were covered by health savings account, according to a survey released today by ABA’s HSA Council and Devenir.
The Internal Revenue Service today released updated contribution limits—adjusted for inflation—for health savings accounts for 2023.
To help chronically ill Americans afford the high costs of prescription drugs, 11 states have adopted so-called copay accumulator “adjustment” laws.
More and more Americans are embracing health savings accounts, especially younger and middle-aged adults.
Younger Americans are embracing health savings accounts, with about one in five people in their 30s having an account, according to a new HSA market survey released today by consulting firm Devenir and the American Bankers Association’s Health Savings Account Council.