According to a recent survey by Devenir, an investment firm that specializes in providing investment options for HSAs, HSAs are estimated to have grown to more than $14.1 billion in assets representing 7.1 million accounts through June 30th,2012 .

|

In addition, average account balances in the first half of 2012 grew to $1,996 from $1,807 at the end of 2011, a 10% increase. Eliminating identified zero balance accounts that average rises to $2,176. Across the industry HSA accountholders have retained 30% of their contributions so far in 2012 up from 24% during calendar 2011.

|

The Denivir mid year survey also found that HSA investment assets reached an estimated $1.3 billion in June, a 35% increase since the end of 2011 and 51% increase from June 30th, 2011.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.