|
in-depth overview |
qualified expenses |
hospital indemnity rider |
guidelines
why high deductible is not a big deal |
HSA fact sheet |
free quote
HSA Guidelines & Policy
Design
HEALTH SAVINGS ACCOUNTS AND HIGH DEDUCTIBLE
HEALTH COVERAGE GUIDELINES
In order to qualify for the
tax-exempt deposits to your Health Savings Account, you must have high
deductible insurance for the large medical bills (catastrophic
insurance).
Deductibles that Health
Savings Insurance currently offers are:
Individual - $2,600
Family (2 or more people) = $5,150
Individual - $1,700
Family (2 or more people) = $3,450
Individual - $1,000
Family (2 or more people) = $2,000
Permitted Annual Savings Deposit on
the Plan is 100% of the
deductible beginning in 2004 (Tax Exempt)
|
Deductible |
Maximum Annual
Deposit |
Maximum
Monthly Deposit |
| $1,000 |
$1,000 |
$83.33 |
| $1,700 |
$1,700 |
$141.67 |
| $2,600 |
$2,600 |
$216.67 |
| $2,000 |
$2,000 |
$166.67 |
| $3,450 |
$3,450 |
$287.50 |
| $5,150 |
$5,150 |
$429.17 |
You can deposit this
amount or less to the tax-exempt savings account. Interest accumulates
tax exempt.
If you are concerned about the amount of the HSA insurance deductible(s)
Click here to learn why a “high deductible” HSA
is not a big deal!
in-depth overview |
qualified expenses |
hospital indemnity rider |
guidelines
why high deductible is not a big deal |
HSA fact sheet |
free quote
|
