Young Americans Lead in HSA Adoption But Carry Heaviest Economic Burden, HealthEquity Research Finds

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[{"type":"text","content":"New Healthcare Affordability Pulse Reveals Generational Divide in Financial Preparedness and Workplace stress\nDRAPER, Utah, Dec. 09, 2025 (GLOBE NEWSWIRE) -- As healthcare costs continue to strain American families, HealthEquity (NASDAQ: HQY), the nation's largest health savings account (HSA) custodian by number of accounts*, today released its inaugural Healthcare Affordability Pulse survey results, revealing a striking generational paradox: younger Americans are leading in HSA adoption and benefits engagement, yet they simultaneously report the highest levels of economic anxiety and workplace financial distraction. The Fall 2025 Healthcare Affordability Pulse surveyed employed Americans and found that 56% of Gen Z and 50% of Millennials have HSAs, significantly outpacing Gen X (35%) and Boomers (24%). Despite this proactive approach to healthcare savings, Gen Z reports the highest economic concern at 84%, and younger workers are significantly more likely to say financial stress affects their workplace performance. \"We're seeing a generation that's financially engaged and taking advantage of tools like HSAs earlier in their careers, but they're also carrying a heavier burden of economic anxiety,\" said Scott Cutler, HealthEquity President and CEO. \"Gen Z and Millennials know they need to save for healthcare and are doing their part, but they’re doing it in a very different economy, one where higher costs and uncertainty are creating real stress that follows them into the workplace. Giving them simple, portable ways to save and pay for healthcare is one of the most important steps we can take to support their financial health.” Young Americans Lead in HSA Adoption and Benefits UnderstandingThe research reveals that younger generations are significantly more engaged with their healthcare benefits. Gen Z (53%) and Millennials (62%) report understanding their benefits \"very well\" or \"extremely well\" at much higher rates than Gen X and Boomers (both at 47%). This benefits literacy translates into action, with younger Americans more likely to have HSAs and actively use them as part of their financial planning strategy. However, their financial preparedness tells a more complex story. Gen Z and Millennials are more likely to have less than $500 available for unexpected healthcare expenses (36% and 30%, respectively), while Boom...

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