New Research Findings Reveal Employers Who Contribute to HSAs See Double-Digit Growth in Employee Participation
HealthEquity, Inc. (HQY)
Last healthequity, inc. earnings: 3/16 04:04 pm
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Source: GlobeNewswire
DRAPER, Utah, Sept. 26, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (Nasdaq: HQY) ("HealthEquity") today released research findings on how Health Savings Account (HSA) contribution strategies influence how employees participate in their HSA benefits. The qualitative and quantitative analysis included a sample of nearly 2,000 HealthEquity clients and more than 2 million HSA members. The analysis provides insight for employers who want to create impactful HSA benefit strategies that support their employees’ financial wellbeing. “Benefit leaders want employees to get the most out of their benefits — including HSAs — and fostering utilization is a constant challenge,” said Amanda Riley, head of enterprise client relationships at HealthEquity. “What we find is that a deliberate employer HSA contribution strategy increases participation, and by extension, more healthcare savings.” As of June 2024, nearly $137 billion in assets were housed in over 37 million HSAs in the U.S1. ?He
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