Health Savings Accounts: Spender vs. Saver | The Institute for HealthCare Consumerism

While there clearly is a large segment of account holders who are focused on today’s expenses, these numbers can be a little misleading. Almost half of all HSA accounts have been opened within the last three years, and these young accounts often just haven’t had the time to build up a balance.

In order to compensate for this, we’ve looked at how HSAs have grown based on the year they were opened, much in the same way the consumer retail market looks at same store sales for year-over-year growth. When you do this, you begin to see much more of a savings trend with average balances increasing about $500 for every year that they are opened.

via Health Savings Accounts: Spender vs. Saver | The Institute for HealthCare Consumerism.