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.
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.