Paragon’s updated report …contains 2023 plan information and a distributional analysis from the actuarial firm Milliman. Giving lower-income exchange enrollees an additional way to use their ACA subsidy expands Americans’ welfare since some enrollees would prefer an HSA deposit over the reduction of their plans’ cost-sharing components.
Nearly seven-in-ten enrollees with income below 200% of the FPL would benefit from selecting the HSA option, with an average financial benefit of around $1,500 over the year. More than three-quarters of enrollees with income between 200% and 250% of the FPL benefit from selecting the HSA option, with a smaller average yearly benefit between $500 and $600.
