GAO Study Again Confirms Health Savings Accounts Primarily Benefit High-Income Individuals


 

Publication Date: May 2008

Publisher: Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): Edwin Park

Research Area: Health

Keywords: Income diversity; Economic projections; Health care costs

Type: Report

Abstract:

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.