Though studies have shown the steady growth of health savings accounts, in actuality, few consumers us the health savings vehicle.

Just 8% of Americans have an HSA, according to a study and survey from a leading insurance quoting company. Here is what the results tell us:

50% – Recognize benefits, would consider using

86% – Don’t understand HSA’s

52% – Think HSA’s can be used to pay for over-the counter medications

51% – Think HSA’s can be used to pay premiums.

14% – Know an HSA must be paired with a high deductible plan.

If you are unsure about the benefits of an HSA – call me 972.292.8967 and I will walk you through it.