News Headlines Article

Consumers Contributing Less To Health Savings Accounts, Study Finds
Kaiser Health News

Even though consumers are digging deeper to cover rising out-of-pocket medical costs, they’re contributing less to health savings accounts that could help take the sting out of their expenses, according to a new study.

Between 2011 and 2014, the percentage of people who said they contributed nothing to their health savings accounts (HSAs) more than doubled, to 23 percent, according to a survey by the Employee Benefit Research Institute. Meanwhile, the percentage who said they contributed $1,500 or more dropped to 30 percent from 44 percent.