Is There a Catch when Healthspan(Kaiser) HSA Plan Has Only a $500 Deductible Because of Healthcare.g

[tenyks]

We have a few HSA Silver plans here in AZ.

In my son's case, Healthspan(formerly Kaiser) has this HSA plan with $500
deductible and $500 annual OOP. Doesn't that defeat the whole purpose
of HSA? Or is it only because of the subsidy or cost-reduction as some have
mentioned? What kind of people is this plan most suited for?

Thanks!

 

[kgmom219]

I've never seen a SILVER policy be HSA-Compatible. Sounds like a very unique plan from HealthSpan(Kaiser).

Blues doesn't have them here, but UHC, Aetna and I think Assurant have Silver HSA plans

 

[Yagents]

Even though it is labeled h.s.a, if deductible falls below minimum, then no h.s.a contribution allowed. Plus, at that income level don't have money to contribute or tax rate to benefit.

 

[kstein]

Y I have 2 clients who are worth a ton and they have little income so it could possibly benefit them. I dont think they will get that much of a CSR but it's good to know. Thanks for the info.