Health plans with accompanying health savings accounts have been around for a decade, and the Employee Benefit Research Institute known as EBRI expects 30% of large employers will offer them as their only health plan by next year. EBRI estimates nearly 11 million HSAs exist today, holding $19 billion in assets, and reports that 70% of them were opened since 2011.
Another five to 10 million employees are eligible to open HSAs under their health plan, but have not yet done so. Benefit advisers may view this as an opportunity to help employers secure greater employee utilization of this tax-favored medical savings mechanism.
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