health care consumers: An HSA
As health care costs continue to rise, more and more organizations are shifting to a consumer-driven health care strategy. But who is making that shift with you? We profiled America’s savviest health care consumers, health savings account (HSA) participants, to find out which demographics impact HSA participation and how HSA participants are paying – and saving – for their current and future health care needs.
Who has an HSA today?
40 yrs average age of an account holder
$72,400 average household income
How are HSA participants
spending and saving?
$1,523 average amount a participant will contribute
to their HSA this year
$1,950 average HSA balance
percentage of current-year contributions that they plan to spend this year
their HSA assets
didn’t know they could invest
their HSA funds for growth
How do their health care behaviors compare to their peers who don’t have an HSA?
39% more confident that they
understand how health insurance works
46% more likely to
research & compare costs
23% more likely to make
80% more likely to save aggressively for
long-term health care costs
*All data sourced from 2018 Alegeus HSA Participant Profile