What insurance plans are HSA-eligible?

In order to have a Health Savings Account, you must get an HSA-eligible health insurance plan. This type of insurance plan is often referred to as a High Deductible Health Plan, and typically has lower premiums than plans with lower deductibles.

 

A health insurance plan must meet the following criteria to be considered HSA-eligible:

• The health insurance plan must have an annual deductible of at least $1,100 for individuals and at least $2,200 for families.




• The sum of the annual deductible and the other annual out-of-pocket expenses required to be paid under the plan (other than premiums) does not exceed $5,500 for individuals and $11,000 for families.