Americas Health Insurance Plans reported today that 4.5 million Americans are covered by high-deductible health insurance plans offered in conjunction with health savings accounts, a 43% increase from 3.2 million in 2006.
In the individual market alone, HSA enrollment rose 29% from 855,000 in January 2006 to 1.1 million in January of this year, according to a report released by AHIP. More than one-fourth of those purchasing HSA plans in this market were previously uninsured and almost half of those enrolled in such plans were over the age of 40. In the group market, enrollment rose 143% to almost 3.4 million in January, from 1.4 million a year ago.
Most companies offer HSA plans that cover preventive care before the deductible is met, provide disease-management programs for chronic conditions and include Web-based tools to help consumers make more informed decisions, the census of health insurance carriers indicated.
Consumers and employers want coverage choices said Karen Ignagni, president and chief executive officer of AHIP, in response to the findings. But another recent report from the Conference Board, an international business research organization, said some consumers are shying away from consumer-driven plans such as HSAs, mainly because the information provided on these plans is too confusing. -- by Jennifer Lubell