
ABA, Devenir survey: 67M Americans covered by an HSA
An estimated 67 million Americans were covered by health savings account, according to a survey released today by ABA’s HSA Council and 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.
Health savings accounts saw robust asset growth in 2020, with $82.2 billion in assets held in 30.2 million accounts, according to a survey by consulting firm Devenir. Assets were up 25% from a year ago, while the number of HSAs grew by 6%
Health savings accounts saw robust asset growth in 2020, with $82.2 billion in assets held in 30.2 million accounts, according to a year-end HSA market survey conducted by consulting firm Devenir.
The Departments of Treasury, Labor, and Health and Human Services on Friday issued a proposed rule to amend the requirements for grandfathered group health plans to preserve their grandfather status while offering new flexibility to make changes to their plan designs.
With concerns growing nationwide about the coronavirus, or COVID-19, pandemic, the IRS has issued guidance confirming that Americans financing their health care with a health savings account can access free COVID-19 testing.
Amid a crowded legislative calendar—including an impeachment trial in the Senate—health care costs remain a top concern for most Americans, wrote Kevin McKechnie, executive director of ABA’s HSA Council, in an op-ed in The Hill.