The average traditional group health plan deductible for single coverage is getting closer to the amount that would qualify the enrollee to open a health savings account (HSA).
Researchers at the Henry J. Kaiser Family Foundation have reported that finding in a report based on a survey of 2,121 U.S. employers.
To qualify to open an HSA, a worker with single coverage must have a deductible of at least $1,200. The coverage also must meet other HSA program requirements.
About 72 percent of workers in group health plans now have deductibles.
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For workers enrolled in the most common type of traditional group health plan — a preferred provider organization (PPO) plan with a deductible — the average deductible for enrollees with single coverage has increased to $733, from $675 in 2011, according to the Kaiser researchers.