Employer And Employee Contributions To HSAs Decreasing

Two recent surveys found that both employer and employee contributions to health savings accounts (HSAs) have been decreasing over the last several years.

EBRI. The Employee Benefit Research Institute (EBRI) found that 67 percent of workers with an HSA or health reimbursement arrangement (HRA) reported that their employers contributed to the account in 2014. This has dropped from its highest level of 71 percent in 2009.

Worker contributions to HSAs had been growing until 2011, EBRI noted, but have declined since then. Between 2006 and 2011, the percentage of individuals with employee-only coverage contributing nothing to an HSA decreased from 28 percent to 11 percent. At the same time, the percentage contributing $1,500 or more increased from 21 percent in 2006 to 44 percent in 2011. However, between 2011 and 2014, the percentage of individuals reporting that they contributed nothing to their HSA increased from 11 percent back up to 23 percent, and the percentage reporting that they contributed $1,500 or more fell from 44 percent back down to 30 percent.

For more information on the report, Employer and Worker Contributions to Health Reimbursement Arrangements and Health Savings Accounts, 2006–2014, visit http://www.ebri.org.

UBA. According to the United Benefit Advisors (UBA) 2014 Health Plan Survey, employees saw a 10 percent decrease in their average single HSA employer contributions in 2014: from $574 in 2013 to $515 in 2014. Average family contributions also decreased 7 percent during the same period, from $958 to $890.

Smaller employers (those with 1 to 50 employees) are exceeding the average HSA contribution for singles, while larger employers (those with 50 to 1,000 or more employees) have been less generous, according to UBA. The largest employers (those with 1,000 or more employees) showed the lowest average contribution at $426. Similarly, for families, HSA contributions by smaller employers tend to be above the average $890 contribution, while large employers (those with 1,000 or more) fund an average of $760.

The UBA survey found that large employers also have lower CDHP enrollment. Even though 25.5 percent of large employer plans are CDHPs, only 16.6 percent of their employees are enrolled in them.

For more information, visit http://www.ubabenefits.com.

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