Wednesday, August 7, 2013

Health Savings Accounts (HSAs) Growth in 2013

The total number of HSA accounts rose to more than 9.1 million with assets totaling nearly $18.1 billion, a year over year increase of 29% for both accounts and assets for the period of June 30th, 2012 to June 30th, 2013. The average account balance halfway through 2013 grew to $1,981 from $1,879 at the end 2012, over a 5% increase. When you eliminate identified zero balance accounts that average rises to $2,228, an almost 3% year over year increase.

Total contributions to HSA accounts from June 2012 to June 2013 are estimated to have reached $16.7 billion, with accountholders retaining about 23% of those contributions. HSA investment assets reached an estimated $2 billion in June, up 14% from the end of 2012 and 26% year over year. The average investment account holder has a $10,484 average total balance (deposit and investment account).
Source: Devenir

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