HDHP is a health insurance plan that meets minimum deductibles and maximum out of pocket amounts. For 2024 these limits are;
Self- only Family Coverage
Minimum annual deductible $1,600 $3,200
Maximum annual deductible
and other out-of-pocket expenses $8,050 $16,100
An HDHP is required for participation in an HSA. Call your HR or insurance provider to determine if you have elected HDHP health insurance.