Americans are spending down their annual HSA dollars, using most of it just to see doctors

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Americans are spending down their annual HSA dollars, using most of it just to see doctors. (via CNBCMakeIt)

. "Now deductibles are so high that many people don't have any other money they can use for these expenses," she says.

Cyriac attributes the lack of saving to "ingrained behavior" where people assume these funds should be used to cover health-care costs as they come up. "A lot of people think of the HSA as an FSA, and they have this belief that if they don't use their money by the end of the year, it just goes away — and obviously that's not true."

Lively's report estimates health-care spending will continue to rise as medical costs increase year over year.

 

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MakeIt prices keep going up , not wages. Except for the rich ! they keep getting richer .

MakeIt Hmmm, really.

MakeIt Overhyped medical system!

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