HSA Participation Increases in 2011
An annual census of U.S. health insurance carriers conducted by America’s Health Insurance Plans (AHIP) shows an increase in the number of people who have health savings accounts (HSAs) and high deductible health plan (HDHP) coverage. Participation rates totaled 11.4 million in January 2011 – an increase of 5 million from the previous January.
The large group market was the fastest growing market and showed significant growth (increase of 50 percent), and the individual market participation rates rose as well. However, the small group market showed a slight reduction in enrollment from 2010.
States with the largest enrollment levels included California (1,073,319 covered lives), Texas (844,832), Ohio (728,868), Illinois (690,509), and Florida (656,243).
Further details are available on the AHIP website.