Research

Top 20 HSA Market Concentration – 2022 Midyear Update

September 27, 2022 Research
In September 2020, we published a blog post on HSA market concentration. At the time it was published, the HHI of the top 20 HSA providers was just under 1,000, signaling a competitive market. However, since then, there have been several acquisitions in the HSA market and as a result, we wanted to recalculate the HHI using data from our 2022 Midyear HSA Research Report.
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A chart of the HSA market's HHI, showing increasing concentration in the industry over time