HSA Member Perceptions and Behaviors

HSA member perceptions and behaviors BenefitWalletTM, A Xerox Solution, conducted our third Health Savings Account (HSA) member survey in 2013. The survey results offer insight into the perceptions, utilization, behaviors, and future health care goals of HSA members. The survey was conducted online by Buck Consultants, A Xerox Company -a leading HR and benefits consulting firm. Over 23,000 HSA members participated, making it the largest survey of its kind. 78% of respondents have 2 or more individuals in their household 36% of respondents are evaluating health care costs before receiving services 63% of respondents are over 40 years old 84% of respondents agree or strongly agree their family uses health care services when needed 58% of respondents have a Bachelor's or Master's degree 2$ 7 out of 10 Over half 51% of respondents are setting aside more of respondents have a balance respondents who were offered other health plans by their employer chose to enroll in over $500 money to cover potential 000 an HSA medical costs than before having an HSA The ability to save money tax-free is extremely or very important to 81% of 41% of respondents consider using funds to pay for medical care in retirement an extremely or very important personal goal Over 80% of respondents feel the respondents HSA is valuable to them Impact of the Affordable Care Act 71% of respondents know about the Affordable Care Act (ACA) 42% are undecided on the likelihood they will obtain insurance through an exchange by 2017 BUT The full survey results offer further insight into the behavior and opinions of HSA members. You can download a FREE copy of the survey report at: BenefitWallet A Xerox Solution www.mybenefitwallet.com © 2014 Xerox HR Solutions, LLC. All rights reserved.