March 12, 2007
Ten Years of 10 percent at HSA
Health Savings Account-holders at
HSA Bank
began 2007 with more than $1,730 in their accounts, a 10 percent higher average balance than the same time in 2006. HSA Bank President Kirk Hoewisch said that over the last decade, 10 percent higher balances at the beginning of each year have been the norm, but he expects that trend to grow higher due to recent law changes that encourage people to open health savings accounts. HSA is a subsidiary of
Webster Fin. Corp
. of Waterbury.
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