DO I QUALIFY?

What is a High Deductible Health Plan (HDHP)?

An HDHP is a plan with an annual deductible of at least $1,100 for individual coverage or $2,200 for family coverage with a maximum out-of-pocket expense of $5,600 for individual and $11,200 for family (2008 figures). The guidelines for an HDHP are determined by the Internal Revenue Service each year.

Note: A plan will still qualify as an HDHP even though it may not have a deductible (or has only a small deductible) if it is for preventive care.

An eligible individual is one who is:

• Covered by an HDHP

• Not enrolled in Medicare

• Not claimed as a dependent on another person’s tax return

• Not covered by any other health insurance that is not an HDHP

(Insurance Coverage Exceptions include):

• Specific disease or illness insurance

• Accident, disability, dental care, vision care and long-term care insurance.

• Employee assistance programs

• Disease management program or wellness program if there is no medical care or treatment involved

• Discount card for health care services or products such as a pharmacy card

• Insurance that provides a fixed payment for hospitalization