Featured Infographic   ‘Consumer-Driven Health Plan’ Adoption Rebounds in 2022   Enrollment in health savings account (HSA)-eligible health plans and health reimbursement arrangements (both of which are known as consumer-driven health plans) climbed back to a record high in 2022, with 19% of employees enrolled in such a plan, according to the annual Consumer Engagement in Health Care Survey, published by the Employee Benefit Research Institute (EBRI) and Greenwald Research. Enrollment in high deductible health plans (HDHPs) that were not eligible to be paired with an HSA fell from 15% in 2020 to 12% in 2022. HDHP enrollees were more likely to have a choice of health plan than traditional plan enrollees, with 29% of them having three health plans to choose from. However, about 72% of enrollees spent less than an hour on their health insurance decision during open enrollment. HDHP enrollees reported they spent more time selecting a health plan.

Click to enlarge   About 58% of enrollees reported opening their HSA to save for future out-of-pocket costs, though nearly as many (57%) opened their accounts to save on taxes. The majority (69%) viewed the account as a savings account, while 18% use it as a checking account.   Click to enlarge   SOURCE: “2022 Consumer Engagement in Health Care Survey,” Employee Benefit Research Institute & Greenwald Research.    From Health Plan Weekly Learn more about subscribing to AIS Health's publications.