An HSA, a health care plan with a tax advantage, can be combined with your HDHP.
You must be enrolled in an HDHP and not have any other type of health insurance in order to be eligible for an HSA.
The fundamental guidelines for HSAs and HDHPs are defined by the Internal Revenue Service.
How much does a health plan with a high deductible cost?
An HDHP must have a minimum deductible of $1,600 for individuals and $3,000 for families in 2024 (or $1,650 and $3,300 in 2025) in order to be considered such.
In 2024, the maximum amount that an insured person can spend is $8,050 per person and $16,100 for a family (which will increase to $8,300 and $16,600 in 2025).
Monthly premiums are also borne by insured individuals, which vary by insurer.
