Research

Using data from our 2025 Midyear HSA Research Report, we measured HSA market concentration using the Herfindahl-Hirschman Index (HHI) and found it increased 8% to 1,409 from 1,302 a year ago. This growth was driven primarily by strong equity market performance, which boosted investment asset values, along with continued organic account growth among the largest […]

Over the last quarter, data collected from HSA Search showed HSA deposit rates increased from their previous levels. All three balance thresholds ticked up 0.01%. The $1,000 balance moved from 0.44% to 0.45%, the $10,000 balance ticked up from 0.54% to 0.55%, and the $25,000 balance went from 0.59% to 0.60%. Rates still appear to be relatively stable with a small increase or decrease of 0.01%-0.02% over the last year.

Devenir midyear report reveals 46% of Health Savings Account assets now held in investments, with 4 million accounts investing MINNEAPOLIS, MN – October 9, 2025 – Health Savings Accounts (HSAs) reached $159 billion in assets across 40 million accounts at midyear 2025, marking 16% year-over-year asset growth, according to the 30th semi-annual market survey from […]

Findings from the 2025 Midyear Devenir HSA Research Report containing Health Savings Account market statistics and insights as of June 30th, 2025.

MINNEAPOLIS (July 28, 2025) – Devenir and the American Bankers Association’s Health Savings Account Council released the results of the 5th annual Devenir & HSA Council Demographic Survey and resulting research report. The survey found that the 39.3 million Health Savings Accounts that existed at the end of 2024 helped cover over 59.3 million Americans. […]