With HSA's increasingly described as a retirement savings vehicle for medical expenses, PLANSPONSOR'S guide provides guidance on HSA providers. This greater valuing of health insurance by employees, coupled with growing health care costs that continue to surpass the rate of inflation, has increased employers’ adoption of health savings accounts (HSAs) alongside consumer-directed high-deductible health care plans (HDHPs).
Using publicly available sources, PLANSPONSOR contacted leading providers of health savings account (HSA) administration services in March for our 2018 Health Savings Account Survey and received eight responses by the survey deadline. Although respondents represent only a fraction of the hundreds of national and local organizations capable of managing employer-sponsored HSAs, their profiles reflect the range of experience and capabilities found in the market. All data are as of December 31, 2017; additional information on each listed provider is available at www.plansponsor.com/research. For more information on survey results or to be included in a future version of the guide, please email firstname.lastname@example.org