Employees who contribute to health savings accounts (HSAs) generally become more engaged in managing their health after enrolling, according to a survey conducted by Buck Consultants. For example, 51 percent of respondents set aside more money for potential medical costs than before they had HSAs. Twenty-nine percent have more discussions with their doctors about the cost of care and 13 percent more actively manage their chronic disease.
"In fact, respondents indicated greater engagement with each of 11 health management activities measured," says Travis Klavohn, Director, Consumer Health Solutions, BenefitWallet. "Remarkably, these results are consistent across our three surveys conducted over a five-year period."
The survey, which polled more than 23,000 members of BenefitWallet, identifies behaviors, opinions and demographics of individuals who own HSAs. The report found that the vast majority (90 percent) of HSA members obtain medical coverage through their employer. More employers are contributing to HSAs (75 percent) than not (25 percent).
