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Plan Design |
Typical
Employer Plan Design
for Health Savings Account (HSA) or
Health Reimbursement
Account (HRA):
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For
Health Savings Accounts, the Insurance Plan will be an IRS defined
High Deductible Health Plan, with a minimum Deductible of $1,100 for singles
or $2,200 for families.
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For
Health Reimbursement Accounts, the Insurance Plan can also be an IRS
defined High Deductible Health Plan, but the Insurance Plan can also fall
outside the IRS High Deductible Health Plan specifications.
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The
Difference between the Funded HRA or HSA, and the Deductible amount is the
Gap that Employee must pay out of pocket, unless the employee also has a
funded Flexible Spending Account (FSA) to pay for the difference.
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The
Insurance Plan's Preventive Care Benefit it typically not subject to the
Deductible amount (the preventive benefit has first dollar coverage)
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