Research

In the latest financial update, we explore the intriguing upward trend in HSA deposit rates that have paralleled recent hikes in the federal funds rate. As the Federal Reserve strategizes potential additional rate hikes, we notice a consistent climb in HSA rates across different balance thresholds.

Our 2023 Midyear HSA Research Report reveals a continuing trend of market concentration. The top 5 HSA providers now hold 70% of total assets, a slight increase from last year.

Findings from the 2023 Midyear Devenir HSA Research Report containing Health Savings Account (HSA) market statistics and insights as of June 30th, 2023.

Devenir released the results of its 26th semi-annual Health Savings Account survey and resulting research report. Devenir found that there is about $116 billion saved in almost 36 million HSAs at the midyear point of 2023.

Devenir and the American Bankers Association’s Health Savings Account Council released the results of the 3rd annual Devenir & HSA Council Demographic Survey and resulting research report. The survey found that the 35.5 million HSAs that existed at the end of 2022 helped cover almost 72 million Americans.