WHAT ARE THE DEDUCTIBLE OPTIONS?
A. A high deductible health plan must offer a deductible of no less than $1,150 for an individual plan and $2,300 for a family plan. Insurance companies will also offer higher deductible plans, however, the deductible plus coinsurance (the employee’s share of expenses over the deductible) cannot result in an individual paying more than $5,800 out of his/her own pocket in a calendar year. The out-of-pocket maximum for a family is $11,600. The deductible is included as part of the $5,800 or $11,600 maximum.
