What is considered a high-deductible health plan 2021?

What is considered a high-deductible health plan 2021?

For 2021, the IRS defines a high deductible health plan as any plan with a deductible of at least $1,400 for an individual or $2,800 for a family. An HDHP’s total yearly out-of-pocket expenses (including deductibles, copayments, and coinsurance) can’t be more than $7,000 for an individual or $14,000 for a family.

See also  How long does it take to get a withdrawal from Fidelity?