GAO Study Again Confirms Health Savings Accounts Primarily Benefit High-Income Individuals
Publication Date: May 2008
Author(s): Edwin Park
Special Collection: John D. and Catherine T. MacArthur Foundation
Keywords: Income diversity; Economic projections; Health care costs
A new Government Accountability Office (GAO) report indicates that Health Savings Accounts are used disproportionately by affluent households. Its findings also suggest that HSAs are being used extensively as tax shelters.