HSAs and Consumer-Directed Health Plans
I just saw a Wall Street Journal article reporting on a Kaiser Foundation study that showed that employee enrollment in HSAs only increased from 2.4 million in 205 to 2.7 million in 2006. Most enrollees, according to the study, had no choice or picked the cheepest coverage. Where a choice was offered only 19% opted for an HSA.
Has the growth in these plans hit the wall or are they just not being well designed and communicated to employees?