What are the requirements for the high-deductible medical plan?
According to statutory guidelines, for single coverage, the plan must have an annual deductible of at least $1,000, and an annual, in-network out-of-pocket maximum of no more than $5,000. For family coverage, the annual deductible must be at least $3,000 and the annual, in-network out-of-pocket maximum can be no more than $10,000. These amounts will be adjusted for inflation beginning in 2005.
