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Why are the deductibles in the Choice Fund plan so high?

April 26, 2017deductibles fund high Plan

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Why are the deductibles in the Choice Fund plan so high?

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The IRS determines the minimum deductible for HSA-qualified medical plans, and they are adjusted annually. The Purdue Choice Fund plan will have a higher deductible ($1300 Individual and $2600 Family) so that it will not be forced to change in order to meet the IRS minimums for 2011.