HDHP coverage comes with an annual catastrophic limit on out-of-pocket expenses for covered services from in-network providers. In 2024, plans set a minimum deductible of $1,600 and $3,200 for individuals and families, which rises to $1,650 and $3,300 in 2025, respectively. The maximum...
In 2024, the minimum deductible for an HDHP is $1,600 for an individual plan and $3,200 for family coverage, but some plans have even higher deductibles.1 How does a high-deductible health plan work? You may pay less in premiums for HDHPs in exchange for you taking on the risk you...
Mercer projects 2025 inflation-adjusted amounts for health savings accounts, high-deductible health plans and excepted-benefit health reimbursement arrangements all will rise from 2024 levels.
If you have high-deductible health plan coverage, you'll pay a smaller premium amount each month, but you must also pay thousands of dollars out-of-pocket.
2024 2023 Change Annual HSA Contribution Limit (employer and employee) Self-only: $4,150 Family: $8,300 Self-only: $3,850 Family: $7,750 Self-only: +$300 Family: +$550 HSA catch-up contributions (employer and employee) $1000 $1000 No change Minimum Annual HDHP Deductible Self-only:...