The Health Savings Account (HSA) Council is an organization of banks, insurers and technology leaders committed to increasing the adoption velocity of health savings accounts in the United States. The HSA Council represents its members before Congress, the White House and U.S. Courts in order to preserve the ability of Americans to pay for healthcare using an HSA.
Subscribe to the HSA Update: go to the ABA E-Mail Bulletins site and select the HSA Update E-Mail Bulletin.
HSA Council's List of Legislation: For the 113th Congress, includes legislation the Council supports and opposes.
HSA News Highlights
HSA Council/AHIP Survey on Financial Activities of HSAs in 2012
Released July 2014, This study confirms that HSAs are being used as they were designed: to pay for routine health care needs and to save towards future medical expenses. In 2012, 55% of all HSAs received personal contributions and roughly 80 percent of accounts surveyed had a positive balance that could be carried over to the next year to help pay for future expenses. Read the full survey
. Read the press release
Why not HSAs for the VA?
Dan Perrin, President of the HSA Coalition, posed this question in a blog post where he describes how an HSA pilot program for veterans could help reduce waiting times, increase the quality of care, and relieve pressure on the VA without increasing healthcare costs for veterans. Learn more.
EBRI Analysis of HSA Balances, Contributions & Distributions
Released June 2014, among the many findings by EBRI are that HSA enrollment surged 16% from 2012 to 2013 and that by 2016 76% of large employers will offer HSA plans. Read the full report by EBRI.
AAPPO Study: CDHPs Grew 15% in 2013
According to research by the American Association of Preferred Provider Organizations, enrollment in consumer-driven health plans continues to increase, with the largest employers leading the way. In 2012, 32% of employers with more than 20,000 employees offered CDHPs. In 2013, 63% of those employers offered CDHPs. Learn more.
Optum Fifth Annual Wellness in the Workplace Study
Among the findings of this study by HSA Council member, Optum, one of the most popular employer-offered incentives for wellness participation is making a contribution to employees health account like an HSA. Read the full study.
Private Exchanges Drive Growth in HSA Market
HSA Consulting Services' White Paper, The Power of Choice: The Game-Changing Combination of Private Exchanges and Health Savings Accounts,
predicts that "50 million Americans will be covered by HSA Qualified plans by 1/1/2019." Learn more from HSA Consulting Services.
- Indiana Gov. Pence Unveils HIP 2.0 Plan, Modeled on HSAs
HIP 2.0 is a consumer-driven health care coverage program for low-income adults that builds on Indiana’s history of consumer-driven health care and would replace traditional Medicaid for all non-disabled adults. HIP 2.0 will be available for residents 19 to 64 with incomes up to 138 percent of the federal poverty level. Learn more about HIP 2.0
The HSA Council is dedicated to advancing policies that preserve and expand banks’ ability to offer Health Savings Accounts. Its members include financial institutions, insurers and their technology partners.