NCPA - National Center for Policy Analysis


May 19, 2008

More than 6.1 million Americans are now covered by private high-deductible health insurance plans that make them eligible for health savings accounts (HSAs) -- a 35 percent increase over last year, according to a new census report published by America's Health Insurance Plans (AHIP).

Among the key findings in the AHIP report:

  • There has been an increase of approximately 1.6 million Americans enrolled in HSA-eligible plans since January 2007.
  • There were 4.5 million Americans enrolled in such plans in January 2007; in 2006, the number was 3.2 million and in 2005 the figure was roughly 1 million.
  • Those states with the highest reported enrollment levels were: California (639,000); Florida (397,000); Texas (358,000); Ohio (353,000) and Minnesota (325,000).

Officials with the National Center for Policy Analysis (NCPA) say the new AHIP report represents good news for U.S. consumers. They say the increase in HSA-eligible enrollment signifies that there is increasing "hope for restraining runaway health care costs."

"The best way to control health care costs is to put patients in control of more of their health care dollars," says NCPA President John Goodman.  "The increasing popularity of HSAs," Goodman continues, "is a result of managed care's failure."

Source: W. Scott Bailey, "Use of health savings accounts is stirring political debate," American Business Daily, May 19, 2008.


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