Filed Under:Life Insurance, Life Planning Strategies

HSAs reach nearly $23 billion

Health savings accounts have grown to an estimated $22.8 billion in assets and roughly 11.8 million accounts as of the end of June, according to the latest figures from Devenir. The investment consulting firm said that’s a year over year increase of 26 percent for HSA assets and 29 percent for accounts.

“Accountholders are both utilizing their HSA for current medical expenses as well as saving for future health care expenses,” said Jon Robb, senior vice president of research at Devenir. “HSAs appear to be working and that’s exciting.”

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Nichole Morford

Nichole Morford
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