Frequently Asked Questions

What is an HSA-eligible insurance plan?

Health Savings Accounts (HSAs) must be used in conjunction with a qualified high deductible health plan (HDHP). The HSA-qualified HDHP will have a minimum deductible of $1,050 for self-only coverage and $2,200 for family coverage. It will also have annual out-of-pocket expenses (including deductibles and co-pays) that cannot exceed $5,250 for self-only coverage and $10,500 for family coverage. (Note: These figures are subject to change year to year.) An HSA-qualified HDHP may provide first-dollar (no deductible) coverage for preventive care.

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