Enrollment in the new health savings account programs has doubled in the past 6 months.[@@]
The number of HSAs purchased has increased to 1.03 million, from 438,000 in September 2004, according to results of a survey sponsored by America’s Health Insurance Plans, Washington.
The number of insurers offering HSA-compatible high-deductible health insurance has increased to 99, and the number of carriers in the HSA market is about 3 times as great as it was 6 months ago, AHIP says.
“HSAs are steadily gaining momentum,” says AHIP President Karen Ignagni.
HSAs were created by Congress in late 2003 in a section of the Medicare drug bill.