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HandyManPat t1_iui4cnz wrote

Reply to comment by gsasquatch in Having a baby - question about health insurance by rockysworld

"The High Deductible is max deductible of 1,500 but max out of pocket of 3,000."

>Does the high deductible plan qualify for an HSA? It's $1400/$2800 for the deductible to qualify, but even with that not all plans do.

You have highlighted an important point... If the High Deductible plan has "only" $3000 max out-of-pocket then although it is within limits for a qualifying HDHP for HSA contribution purposes, it might warrant further investigation since the OOP is less than 1/2 the max limit allowable. There are other factors that could make it disqualifying such as office or prescription co-pays, for example.

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https://www.uhc.com/broker-consultant/news-strategies/resources/2023-health-savings-account-and-high-deductible-health-plan-limits-announced

These IRS changes are effective on customers’ renewal dates beginning Jan. 1, 2023, or later:Minimum deductible$1,500 for self-only coverage ($100 increase from 2022)$3,000 for family coverage ($200 increase from 2022)$3,000 for embedded individual deductible ($100 increase from 2022)

Out-of-pocket maximum** $7,500 for self-only coverage ($450 increase from 2022) **$15,000 for family coverage ($900 increase from 2022)

HSA contribution limits$3,850 for self-only coverage$7,750 for family coverageIndividuals 55 and over may contribute an extra $1,000 to their HSA

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gsasquatch t1_iui5iru wrote

I was looking at this: https://www.healthcare.gov/glossary/high-deductible-health-plan/

That says $1400 individual, $2800 family, which might cover OP's $1500/$3000

When I was looking at plans for my family, even with the deductible much higher than $1500/$3000, some plans specifically said "not qualified for HSA". There might be other qualifications in the plans.

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trilliumsummer t1_iui7z1a wrote

I believe that means the OOP Max can't being HIGHER than 7,500 to qualify - not that it has to be at least 7,500.

Source - I have an HSA this year and the OOP max is $7000 which is less than the current max amount set for this year and it was $6000 in 2021.

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