What Makes a Health Insurance Plan HSA Eligible?

Health Savings Accounts (HSAs) are a valuable tool for managing healthcare expenses while saving taxes. To open and contribute to an HSA, you need to have a high-deductible health insurance plan that meets specific criteria:

1. Deductible Requirements:

• For self-only coverage, the minimum annual deductible must be $1,400.
• For family coverage, the minimum annual deductible is $2,800.
• Out-of-pocket Maximum:
• The out-of-pocket maximum limits are $6,900 for self-only coverage and $13,800 for family coverage.
• Annual Contribution Limits:
• Contribution limits for 2021 are $3,600 for self-only coverage and $7,200 for family coverage.

Being aware of these requirements will help you choose a health insurance plan that is HSA eligible and maximize the benefits of an HSA.




Understanding what qualifies as HSA eligible can empower you to make informed health insurance choices. Remember, your health savings account can be a crucial financial tool when it comes to managing medical expenses.