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Health Savings Account

 

What is a Health Savings Account?

An HSA is a tax-exempt trust or custodial account established for the purpose of paying medical expenses in conjunction with a high-deductible health care plan.

 

Maximum Contribution Limit for Single Coverage

2009 - $3,000

2010 - $3,050

 

Maximum Contribution Limit for Family Coverage

2009 - $5,950

2010 - $6,150

 

Catch-Up Contribution Amounts

2009 - $1,000

2010 - $1,000

 

Minimum Annual Deductible for Single Coverage

2009 - $1,150

2010 - $1,200

 

Minimum Annual Deductible for Family Coverage

2009 - $2,300

2010 - $2,400

 

Maximum Annual Out-of-Pocket Limit for Single Coverage

2009 - $5,800

2010 - $5,950

 

Maximum Annual Out-of-Pocket Limit for Family Coverage

2009 - $11,600

2010 - $11,900