SAN FRANCISCO--(BUSINESS WIRE)--Lively, Inc., a top-rated health and lifestyle benefits platform* known for creating the modern Health Savings Account (HSA), today announces the release of its sixth annual HSA Snapshot report, which tracks HSA account holders’ saving, spending, and investing. In 2023, 53% of Americans were covered by an HSA-eligible High Deductible Health Plan according to Value Penguin. HSAs enable account holders to flexibly manage their financial, physical, and mental health. “As rising prices and the cost of healthcare remain among some of the primary financial stressors for Americans, Health Savings Accounts are a key part of their strategy for short- and long term savings,” said Alex Cyriac, co-founder and CEO of Lively. The report found that:Lively’s annual account balance of funded accounts is $4,885, which is 17% higher than the industry average of $4,177. Lively account balances increased 10% from last year.Investments drive HSA balance growth and Lively account holders invest nearly 2x the industry average.Lively account holders are active users, using their HSAs to save on health-related expenses, as Lively’s average annual HSA withdrawals increased by 23% to $1,162 from $943 in 2022

SAN FRANCISCO, September 13, 2023 --( BUSINESS WIRE )-- Lively, Inc. , the top-rated benefit solutions provider known for providing the modern Health Savings Account (HSA), today announces four new Lifestyle Spending Accounts (LSAs) to augment its five current LSA offerings.

SAN FRANCISCO--(BUSINESS WIRE)--Lively, Inc., the top-rated benefit solutions provider known for creating the modern Health Savings Account (HSA), today announces the expansion of their nationwide benefits network for employee benefits brokers and consultants. The network will give its members access to discounted products, 360 degree service, and in-person events to help augment their benefits offerings and bottom line.In 2022, businesses went from needing to load up on perks and compensation to attract talent (84% of HR leaders increased benefits to attract and retain employees, according to Lively’s Employee Benefits Pulse Check), to having to ensure they meet their employees' needs in the wake of a volatile labor market, inflation pressures, and rising healthcare costs. In 2023, benefits brokers and consultants are well positioned to take a proactive, consultative approach to their client relationships and offer benefits options that give their clients, and their employees, opportunities for greater flexibility and savings. Lively’s network is a tool to help them do that.“Lively decided to expand our network to ensure that our partners succeed,” said Amit Ahluwalia, Chief Revenue Officer of Lively. “We want to make it as simple as possible for top benefits brokers and consultants across the country to find and gain access to exceptional products and services that aid their business. We’re making three promises to our network partners