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As the cost of healthcare rises more employers are turning to health savings accounts as a method to help workers cover the cost of care.
The number of HSAs has exceeded 26 million with assets that top off at $61.7 billion halfway through the year, according to the latest research from investment advisory and consulting firm Devenir. This accounts for a year-over-year increase of 12% for accounts and 20% for assets, the firm reports.
Caroline Hroncich is a former senior editor of Employee Benefit News and Employee Benefit Adviser.
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