Printed from BusinessInsurance.com

Fidelity reports increases in number of HSAs, and account assets

Posted On: Apr. 14, 2023 10:03 AM CST

Employees – particularly in younger generations – are investing in health savings accounts to manage their health care spending and find their employer-sponsored health plans are not enough to protect them from high costs or complicated care, according to research by Fidelity Investments Inc., reports Healthpayer Intelligence. Fidelity reported a 27% increase in health savings accounts and a $2 billion increase in health savings account assets between 2021 and 2023.

Read more.