Understanding the High Dollar Deductible for HSA in 2018

When it comes to Health Savings Accounts (HSAs), understanding the high dollar deductible for 2018 is essential for making informed decisions about your healthcare savings. In 2018, the high deductible limit for an HSA-qualified health plan was $3,450 for individuals and $6,900 for families.

Here is a breakdown of what you need to know:

• Individuals: The high deductible for individuals was set at $3,450 in 2018.
• Families: For families, the high deductible limit was $6,900 in 2018.
• Out-of-Pocket Maximum: In addition to the deductible, there was also an out-of-pocket maximum limit that includes deductibles, co-payments, and coinsurance. For 2018, the out-of-pocket maximum was $6,650 for individuals and $13,300 for families.

When exploring Health Savings Accounts (HSAs), it's crucial to grasp the high dollar deductible set for 2018. These limits were designed to encourage individuals and families to save for their healthcare needs. In 2018, the high deductible limit for an HSA-qualified health plan was $3,450 for individuals and $6,900 for families.

Here are some key points to keep in mind:

• The $3,450 deductible for individuals provides a solid starting point for those looking to maximize their healthcare savings.
• Families benefit from a higher deductible limit of $6,900, allowing more significant savings opportunities.
• Under the 2018 guidelines, the out-of-pocket maximum was $6,650 for individuals and $13,300 for families, making it essential to consider both deductibles and maximums when planning your healthcare finances.