InvestmentNews: Health savings account balances rise in June

Balances in HSAs — tax-advantaged medical savings accounts — grew to some $11.7 billion in total assets, reflecting a 31% increase from the same time last year, according to data from Devenir Group LLC. Meanwhile, the total number of HSA accounts grew to 6.3 million, up 28% from the same period.

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Health Savings Accounts Rise to More Than $11.7 Billion in Total Deposits in June

Health Savings Accounts (HSAs) rose to more than $11.7 Billion in June according to a survey and resulting research report conducted by Devenir, an investment firm that specializes in providing investment options for HSAs.

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Devenir 2010 HSA Survey

HSAs surpassed $10 Billion at year-end 2010 according to our latest HSA survey and the resulting research report.

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Eric Remjeske Recognized As CDHC Solutions Superstar

Devenir’s Eric Remjeske was recognized as a CDHC Solutions Superstar for his tremendous leadership in the consumer driven healthcare industry.

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HSA Bank Announces Expansion of Investment Option

HSA Bank announced today the addition of six new investment options to the Mutual Fund Selection investment account. Through a strategic partnership with Devenir, the national leader in investment options for health benefit plans, HSA Bank accountholders now have the option of investing in even more asset classes and load-waived mutual funds.

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