Analysts Predict Future Growth Of HSAs
The Center for Studying Health System Change said on July 13th that HSAs could capture between 15 and 50 percent of the health care market by 2010.In the same report, the Center predicted that health care costs will level off and would probably increase 8% annually.
Ted Shannon, equity reasearch analyst for Janus, claimed that HSAs will "dominate the health care market" over the next few years. He also stated that the biggest roadblock to implementing HSAs is the difficulty in employers educating employees about them.
Other studies predict the same massive upswing in HSA participation, but on a slightly lower scale, ranging from 15 to 20 percent of market by 2010.
By removing the first dollar coverage, supporters hope that HSAs will help curb health care costs by giving patients a better view of the health care market.
posted by Mike @ 2:14 PM
1 Comments:
Health savings accounts are a great way to have health coverage as health insurance costs are rising so quickly.
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