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A summary of the articles included in the January 2026 edition:

  • Truemed Closes $34 Million Series A To Unlock HSA/FSA Funds For Lifestyle Interventions
  • Gen Z, Millennial Workers Spur Growth in Health Savings Accounts for New Year
  • Treasury, IRS Provide Guidance On New Tax Benefits for Health Savings Account Participants Under the One, Big, Beautiful Bill
  • Young Americans Lead in HSA Adoption But Carry Heaviest Economic Burden, HealthEquity Research Finds
  • HSA Bank Acquires SecureSave


Truemed Closes $34 Million Series A To Unlock HSA/FSA Funds For Lifestyle Interventions

Truemed announced a $34 million Series A funding round led by Andreessen Horowitz, with participation from Bessemer Venture Partners, Long Journey Ventures, BoxGroup, and Trust Ventures.

The company has experienced 3x year-over-year revenue growth for the past two years and will use the new capital to continue building out its industry-leading products and portfolio, and to grow consumer awareness about access to lifestyle interventions through HSAs and FSAs.

“HSAs and FSAs are one of the most effective tools available for addressing chronic illness and obesity, and should soon be as ubiquitous as a 401k,” said Justin Mares, founder and CEO of Truemed. “Combining the world’s top portfolio of preventive products with a tech solution for the HSA/FSA process will help us go beyond a focus on sick care to making preventive lifestyle interventions an everyday approach.”

Gen Z, Millennial Workers Spur Growth in Health Savings Accounts for New Year

Gen Z and millennial workers, roughly in their 20s, 30s and early 40s, are fueling a boom in health savings accounts (HSA).

Survey data from HSA research firm Devenir shows that in 2015, HSA accounts held a total of $30.2 billion in assets, of which $26 million was in deposits and $4.2 billion was invested. Estimates for 2026 show total HSA assets reaching $189 billion, comprising $94.3 billion in deposits and $94.2 billion in investments.

Steve Morris, a retired investment planner from Oakmont, Pa, reports that HSAs are tax-advantaged medical savings that can be opened in conjunction with a high-deductible health plan (HDHP). HSAs may be offered through an employer whose health benefits include a high-deductible health plan option. They can also be used by others who have an HDHP for health insurance through an individual plan or perhaps a self-employed health insurance plan.

Treasury, IRS Provide Guidance On New Tax Benefits for Health Savings Account Participants Under the One, Big, Beautiful Bill

The Department of the Treasury and the Internal Revenue Service issued Notice 2026-05 (PDF) providing guidance on new tax benefits for Health Savings Account participants under the One, Big, Beautiful Bill. These changes expand HSA eligibility, which allows more people to save and to pay for healthcare costs through tax-free HSAs.

Young Americans Lead in HSA Adoption But Carry Heaviest Economic Burden, HealthEquity Research Finds

As healthcare costs continue to strain American families, HealthEquity released its inaugural Healthcare Affordability Pulse survey results, revealing a striking generational paradox: younger Americans are leading in HSA adoption and benefits engagement, yet they simultaneously report the highest levels of economic anxiety and workplace financial distraction.

The Fall 2025 Healthcare Affordability Pulse surveyed employed Americans and found that 56% of Gen Z and 50% of Millennials have HSAs, significantly outpacing Gen X (35%) and Boomers (24%). Despite this proactive approach to healthcare savings, Gen Z reports the highest economic concern at 84%, and younger workers are significantly more likely to say financial stress affects their workplace performance.

“We’re seeing a generation that’s financially engaged and taking advantage of tools like HSAs earlier in their careers, but they’re also carrying a heavier burden of economic anxiety,” said Scott Cutler, HealthEquity President and CEO. “Gen Z and Millennials know they need to save for healthcare and are doing their part, but they’re doing it in a very different economy, one where higher costs and uncertainty are creating real stress that follows them into the workplace. Giving them simple, portable ways to save and pay for healthcare is one of the most important steps we can take to support their financial health.”

HSA Bank Acquires SecureSave

HSA Bank announced that it has acquired SecureSave, a provider of employer-sponsored emergency savings accounts (ESAs).

HSA Bank becomes one of the largest providers of emergency savings accounts in the country. SecureSave will continue to operate with its current platform and serve its clients who will benefit from HSA Bank’s suite of products.