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Destiny Health

Interest in HSAs is high, but knowledge low, provider says

Published in Hospital Business Week, March 7th, 2004

Destiny Health, a provider of consumer-driven health plans, said a survey it conducted shows Americans' interest in health savings accounts (HSAs), a key component of the recently passed Medicare bill, is strong, but knowledge of the accounts is surprisingly low.

The company offers HSAs among its products.

"We're encouraged by the level of interest in HSAs this study reveals because we believe the potential role HSAs can play in curbing skyrocketing healthcare costs is huge," said Scott Spiker, CEO of Destiny Health. "However, it's clear that consumer education is vital for their full power to be reached because HSAs alone cannot change consumer...

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