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Health Savings Accounts Data, Statistics & Trends by …

WEBIn a recent survey, 61% of pre-retirees reported being concerned about having enough money to pay for healthcare in retirement. And estimates show that an average 65-year …

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URL: https://institute.bankofamerica.com/transformation/hsas-through-gender-lens.html

Women's Wealth is Rising

WEBOver the next decade, $30 trillion in U.S. wealth is expected to be transferred to younger women, per BofA Global Research. This wealth is already starting to be passed down, …

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Workplace Mental Health in America

WEBA December 2022 Gallup poll shows a mere 31% of Americans rating their mental health as "excellent" — the lowest percentage in over 20 years.

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Top Emerging Healthcare Technologies

WEBThe "Disruptive Dozen" identifies 12 emerging technologies in healthcare innovation and explores the promise of these breakthroughs as well as challenges in their development. …

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Workplace Trends Report: Financial Wellness in the Workplace

WEBA recent Bank of America Workplace Benefits Report, based on nationwide surveys of more than 1,300 employees and nearly 800 employers, found that overall financial wellness …

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HSAs through a gender lens

WEBOf the 565,791 HS A participants in the bank ’s study, there were 202,574 women with an HSA versus 363,217 men, as shown in Exhibit 1. The utilization rates of these …

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Neurodiversity in the workspace

WEBThe convergence of three key shifts in the business landscape – the need for qualified talent, innovation and creativity as the basis for competitive advantage, and growing …

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Consumer Spending Data & Trends

WEBConsumer Checkpoint aims to provide a holistic and real-time look at U.S. consumers' spending and financial well-being. A regular publication of Bank of America Institute, it …

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A path to better workplace mental health

WEBIn response to the changing environment, employers have made unprecedented investments in mental health. In fact, 90% of employers increas ed their investment in …

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Value-Based Care to Curb Rising US Healthcare Spending

WEBKey takeaways. US healthcare spending has grown at a staggering pace over the past few decades, tripling from approximately 6% of GDP in 1970 to nearly 20% in 2020, while …

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Consumer Spending & Behavior Report for January 2024

WEBConsumer spending softened in January with total card spending per household falling by 0.2% year-over-year (YoY), after a 0.2% YoY rise in December, according to Bank of …

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Disruptive Dozen: Top 12 emerging healthcare technologies

WEBObesity has become a worldwide problem, with 13% of adults considered obese, a figure that has tripled in the last 50 years. New drugs that mimic a hormone that curbs hunger, …

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Navigating a new era of financial wellness

WEBEmployers feel an increased sense of responsibility for the financial wellness of employees. 97% of employers feel responsible for employee financial wellness (up from 95% in …

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Transformation Insights

WEBCES Recap: AI everything, everywhere, all at once. While tech continues to accelerate innovation across all sectors, AI remained the dominant discussion point at this year’s …

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What to watch: Four trends in 2024

WEBExhibit 1: Jobs generated by private clean economy projects announced post-IRA, 8/2022-6/2023. IRA driving job creation, particularly in GA, MI, SC, OH. Exhibit 2: Number of …

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Small Business Checkpoint: In good shape and handling hurdles

WEBAccording to this index, at the end of 2023 a majority of respondents considered the overall health of their small businesses to be in “somewhat good” or “very good” shape (Exhibit …

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Consumer Checkpoint: Amidst the freeze, is confidence …

WEBConsumer Checkpoint is a regular publication from Bank of America Institute. It aims to provide a holistic and real-time estimate of US consumers’ spending and their financial …

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Charitable giving by affluent households

WEBKey takeaways. According to the 2023 Bank of America Study of Philanthropy, 85% of affluent households gave to charity in 2022, with the value of their average gifts rising …

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Addressing Scarcity of Natural and Economic Resources

WEBKey takeaways. We are living beyond our means and running out of natural, technological and human capital resources - 10 themes of scarcity: Water, Biodiversity, Rare …

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