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Health savings accounts surpassed $100 billion in total assets for the first time in 2022, and accounts experienced robust asset growth early in 2023, new research from HSA consultant Devenir Group LLC shows, reports Plansponsor. Total assets in health savings accounts were buoyed by strong market returns and the influx of January contributions, reaching $112.5 billion at the end of January, up 8% since year-end 2022, Devenir found.
1. FTC refunds customers for fraudulent health plans sold by Benefytt
2. Health systems consider dropping Medicare Advantage plans due to financial losses
3. UnitedHealth faces rising lawsuits following Change Healthcare cyberattack
4. MedPAC calls for 'major overhaul' of Medicare Advantage policies
5. Medicare to cover Novo Nordisk's weight-loss drug for heart patients
6. AT&T faces second lawsuit over $8 billion pension risk transfer