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CBIA's Health Savings Account Progam If you are covered by one of our HSA compatible health plans, then a tax-advantaged Health Savings Account may be for you. Health Savings Accounts (HSAs) help pay for your medical care and allow you to build up savings to pay for future medical expenses. CBIA HSAs are comprised of two parts, your choice of four HSA compatible health plans and the tax advantaged Health Savings Account vehicle. To determine if these plans are right for you and your employees, check out our Employer Calculator and Employee Calculator. |
Learn more about HSAs in the HSA Fact Sheet and HSA Road Rules for Employees.
2011/2012 Maximum Contribution Levels for Health Savings Accounts
The Treasury Dept. and IRS have issued guidance on the minimum and maximum contribution levels for Health Savings Accounts (HSAs) and out-of-pocket spending limits for high deductible Health Plans (HDHPs) that must be used in conjunction with HSAs. These amounts have been indexed for cost-of-living adjustments.
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Minimum Deductible |
Maximum Contribution |
Out of Pocket Max |
|---|---|---|---|
Single |
$1,200 (2011 and 2012) |
$3,050 (2011) $3,100 (2012) |
$6,050 (2011 and 2012) |
Family |
$2,400 (2011 and 2012) |
$6,150 (2011) $6,250 (2012) |
$12,100 (2011 and 2012) |
"Catch-up" contribution for individuals who are 55 or older is $1,000 for 2011 and 2012. Both the HSA contribution and catch-up contribution are pro-rated based on the number of months of the year a taxpayer is an eligible individual.
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HSA Vendor Information and Enrollment Forms