Tuesday, January 24, 2006

 

Claritas Insurance Audit Shows Baby Boomers Are Embracing Health Savings Accounts; Overall, Enrollment In HSAS Is Also Growing, But At A Measured Pace

While less than five percent of U.S. consumers have a health savings account (HSA), Baby Boomers, by contrast, are embracing the product in comparatively high numbers. In fact, according to recent findings from the 2005 Insurance Audit(TM), 56 percent of householders with an HSA are between the ages of 40-60 years old.

By comparison, just under 35 percent of the respondent households with an HSA are under 40 years old. Overall, 4.4 percent of the entire survey household sample of 35,000 said they had a group HSA, but the numbers are expected to continue moving upward as HSAs are increasingly offered on a broader scale through corporate group plans.

Claritas Insurance Audit Shows Baby Boomers Are Embracing Health Savings Accounts; Overall, Enrollment In HSAS Is Also Growing, But At A Measured Pace
Source: Insurance News Net

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