Health savings account assets could grow dramatically over the next 5 years.[@@]
Researchers at Celent Communications, Boston, a market research firm, make that prediction in a new 32-page review of the HSA market.
U.S. residents probably hold about 740,000 HSAs today with an average of $1,100 in assets, for an overall HSA asset total of $811 million, the researchers estimate.
If monthly contributions start at an average of $110 per account holder in 2006, increase 4% each year, and earn an annual return of 2% from 2006 to 2009 and of 4% starting in 2010, HSA holdings should increase to $62 billion between 2006 and 2011, the researchers predict.