2022 Midyear Devenir HSA Research Report

by Devenir | Summary by Mr. HSA, Roy Ramthun

The majority of this report was derived from the 2022 Midyear Devenir HSA Market Survey. This survey was conducted to shed light on the rapidly growing and evolving health savings account market. The survey was carried out in July 2022, with data requested for the period ending on June 30th, 2022.

HSAs grew to $98.8 billion in assets held in almost 34 million accounts, for the period ending June 30th, 2022. Account holders contributed over $26 billion to their accounts in the first half of 2022 (up 11% from the year prior) and withdrew $18 billion from their accounts in the first half of 2022 (up 12% from year prior). Devenir currently projects that the HSA market will reach 39 million accounts by the end of 2024, holding $142 billion in assets.