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Report: Health savings account enrollment jumps markedly

Posted On Fri, June 1, 2012

The number of Americans enrolling in health savings accounts has increased significantly in 2012 compared to 2011, according to a survey by America's Health Insurance Plans.

The AHIP's census notes nearly 14 million U.S. residents currently have HSA plans - an 18 percent rise from last year. The figure is three times the number of Americans with these plans in 2007.

In terms of markets, 2.5 million consumers have individual HSA plans this year, while 3 million are taking part in small-group plans and 8 million have large-group coverage.

"Millions of individuals, families and employers have chosen an HSA plan for the affordable, high-quality coverage these plans provide," said AHIP president and CEO Karen Ignagni. "HSA plans are providing patients with information and resources to make more informed healthcare decisions."

Many consumers need assistance in making informed decisions about what health coverage to secure. Checking online for health insurance quotes from various insurers is advised to find the best plan possible.

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