Enrollment in health savings accounts has reached nearly 15.5 million, growing by almost 15 percent since last year.
The figures were released Wednesday by America’s Health Insurance Plans, who called the accounts “a valuable coverage option” for individuals and employers.
The group’s newest census found that enrollment in HSAs has more than tripled in the last six years.
“HSA plans encourage individuals to take an active role in their health care decisions while stretching their health care dollars,” Karen Ignagni, AHIP’s president and CEO, said in a statement.
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HSAs are a central element in consumer-driven health care and are designed to give individuals more control over funds allocated for health care services, thereby causing health plan participants to spend the money more responsibly.