Health Benefit Accounts Market Forecast: HSAs Leading the Way
Report Summary
Health Benefit Accounts Market Forecast: HSAs Leading the Way
By 2021, the number of HSAs will constitute a projected 44% of all health benefit accounts.
Boston, June 21, 2018 – The U.S. health benefit accounts market is poised for strong growth fueled by employers favoring the adoption of high-deductible health plans coupled with health savings accounts. Regulatory changes or a downturn in economic conditions could affect employers’ plans, but vendors and benefits administrators are seeing growth across their portfolios as they round out their health benefit account offerings. Banks, third-party administrators, health plans, technology vendors, and payment processors that remain tuned in to market dynamics and consumer adoption sentiments will be best positioned to recognize opportunities and adapt in order to seize them.
This report sizes the health benefit account market and forecasts its growth from 2017 to 2021, covering account enrollments, the volume of payment transactions, and account and spending breakdowns by product type and payment type. It is based on Q2 2018 Aite Group interviews with executives across 30 players in the health insurance and wealth management industries.
This 35-page Impact Report contains 29 figures and three tables. Clients of Aite Group’s Health Insurance service can download this report, the corresponding charts, and the Executive Impact Deck.