The number of Americans covered by health savings account-eligible insurance plans has grown about 12 percent since 2013, to nearly 17.4 million.
Those numbers come from America’s Health Insurance Plans, which said enrollment in HSA plans has averaged 15 percent annually since 2011. Most enrollment gains this year were in the large group market, with the share of HSA enrollees in large group plans jumping from 68 percent in January 2013 to 74 percent in January 2014.
Nationally, the monthly average premiums for HSA-eligible plans were $371 for single coverage and $835 for families, AHIP said. Only Illinois, Texas and Ohio had more HSA enrollees than Pennsylvania, which came in at 691,750.
In a separate report, the American Bankers Association’s HSA Council said 55 percent of all HSAs received personal contributions during 2012, and 44 percent received employer contributions. The average personal contribution was $2,337, and the average contribution from employers was $1,142.
Fifty-eight percent of all accounts had withdrawals during 2012, the council said, and of those accounts, the average withdrawal was $2,081. Nineteen percent of all accounts had $0 available at the end of the year, with 31 percent at less than $500, 11 percent $500 to $999, 12 percent $1,000 to $1,999, 14 percent $2,000 to $4,999, and 12 percent at least $5,000.
The council said 81 percent of the accounts earned interest on balances, and 52 percent of accounts incurred a fee -- in almost all cases, less than $1.