AHIP: 6.1 Million Americans Now Covered by HSA Plans

According to a new census released by America's Health Insurance Plans (AHIP), more than 6.1 million Americans are enrolled in Health Savings Account (HSA)-eligible insurance plans, a 35 percent increase since last year. HSAs were authorized starting in January 2004. Since then, AHIP has conducted a periodic census of its members participating in the HSA plan market.

Among its key findings, the census showed that there was an increase of approximately 1.6 million Americans enrolled in an HSA plan since January 2007. Previous censuses found that 4.5 million were enrolled in January 2007, 3.2 million were enrolled in January 2006, and 1.0 million were enrolled in March 2005. Thirty percent of individuals covered by an HSA plan were in the small group market, 45 percent were in the large-group market, and the remaining 25 percent were in the individual market.

The census also found that HSA products accounted for 31 percent of new coverage issued in the small-group market, and individual market consumers selected HSA products for 27 percent of their new purchases of health insurance. HSA plan enrollment as a percentage of individuals with private coverage is estimated to be the highest in Minnesota (9.2 percent), Louisiana (9.0 percent), Washington, D.C. (8.7 percent), Vermont (7.5 percent), and Colorado (7.1 percent), according to the census.

Product Showcase

  • Magellan X Pte Ltd

    Hesitate No More with SOL-X Connected Worker Health & Safety Solution

    According to the National Safety Council, work-related medically consulted injuries total 4.26 million in 2021 in USA alone. SOL-X solution prevents “human factors” safety issues by anticipating incidents and improving compliance workflows. Leverages digital technologies (IIoT, AI and analytics) to predict patterns from occurring and make informed decisions. Control Of Work - gets rid of tedious paperwork and experience digital workflows. Crew Protect - maximises safety and situational awareness with health trackers and situational indicators. Award-winning Intrinsically Safe SmartWatch – innovative features that enable near real-time visibility and connected well-being. Works well with major connectivity protocols like Wi-Fi, Bluetooth, and Long-Range Bluetooth! 3

  • The MGC Simple Plus

    The MGC Simple Plus

    The MGC Simple Plus is a simple-to-use, portable multi-gas detector that runs continuously for three years without needing to be recharged or routinely calibrated after its initial charge and calibration during manufacturing. The detector reliably tests a worksite’s atmosphere for hydrogen sulfide, carbon monoxide, oxygen and combustible gases (LEL). Additionally, it is durable enough to withstand the harshest treatment and environments, which is why it has an IP 68 rating. The MGC Simple Plus is also compatible with a variety of accessories, such as Gas Clip Technologies’ new GCT External Pump. Visit gascliptech.com for more information. 3

Featured

Webinars