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09/07/08 |
A Health Savings Account (HSA)?
An HSA is established for the purpose of paying for qualified medical expenses not covered by a High Deductible Health Plan (HDHP).
A High Deductible Health Plan (HDHP)?
A health plan is considered an HDHP if the plan satisfies the following annual deductible and out-of-pocket expense requirements for single or family coverage.
| |
2008 |
|
| |
Single |
Family |
| Minimum Deductible |
$1,100 |
$2,200 |
| Maximum Out-of-Pocket Expenses** |
$5,600 |
$11,200 |
| Maximum Contribution |
$2,900 |
$5,800 |