CQ: Record Deposits in HSAs in 2012

From CQ’s Healthbeat by Jane Norman: “EBRI: Workers Banking Higher Balances in HSAs and HRAs,”

“There was $17.8 billion socked away in HSAs and HRAs in 2012, distributed among 11.6 million accounts, according to the nonpartisan institute’s Consumer Engagement in Health Survey. There were just 1.3 million of these accounts as recently as 2006.

Increasingly popular with employers in recent years as a way to shave costs, HSAs and HRAs are tax-preferred vehicles often used in conjunction with a high-deductible health insurance plan.”

ERBI’s media release is here.

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