Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How are contributions to the HSA made?

contributions HSA
0
10 Posted

How are contributions to the HSA made?

0
10

In 2011, the State will make monthly contributions to the HSA of up to $ 500 per year for full-time employees with ACDHP single coverage and $ 1000 for those with ACDHP family coverage. However, if you participate in the Health Biometrics Screening during Open Enrollment, and take the Health Assessment and agree to accept a call from a health coach, the employer contribution increases to $ 800 per year for full-time employees with ACDHP single coverage and $ 1600 for those with ACDHP family coverage. State employees may also contribute to the HSA on a pre-tax, payroll-deducted basis. However, payroll-deducted contributions may only be directed to the financial institution designated by the health plan you have chosen to administer your ACDHP.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123