Benefits Challenge

For an employee with single coverage for a High Deductible Health Plan that is compatible with a Health Savings Account, what are the 2008 thresholds that apply?

• $1,100 deductible, $2,900 contribution maximum, $5,600 out-of-pocket maximum, and a $900 additional catch-up contribution if over the age of 55.
• $1,500 deductible, $2,900 contribution maximum, $5,600 out-of-pocket maximum, and a $900 additional catch-up contribution if over the age of 55.
• $2,200 deductible, $5,800 contribution maximum, $11,600 out-of-pocket maximum, and a $900 additional catch-up contribution if over the age of 55.
• $1,100 deductible, $2,900 contribution maximum, $5,600 out-of-pocket maximum, and an $800 additional catch-up contribution if over the age of 50.