May 01, 2009
In the summer of 2008, AHIP (America's Health Insurance Plans) initiated a long-term project to allow detailed analysis of financial activity in health savings accounts (HSAs). It concluded that HSAs are most popular with lower-middle or middle income consumers. Using a geo-coding technique to estimate the income characteristics of those HSA accountholders, the study analyzes account balances, inflows and outflows by income range.