HSA 2014 Contribution Limits

Health Savings Account Contributions amounts are updated each year by the federal government to account for inflation. For 2014, the maximum annual contribution is $3,300 for an individual (up $50 from 2013), and $6,550 for a family (up $100 from 2013).    In 2014, those age 55 or older can contribute an additional $1,000 above the maximum to their HSA.

Blue Options HSA is a new way to pay for health care. Blue Cross Blue Shield of North Carolina has taken their most popular plan design’s PPO network and paired it with a High Deductible Health Plan (HDHP) and a health savings account (HSA), which has similar characteristics to a 401(k) or an IRA but for qualified medical expenses. Blue Options HSA offers many advantages.  Get your Free Rate Quote for this plan today and call our office so we can go over the benefits and process to apply and enroll.

For more information on health insurance coverage in North Carolina, please visit our website at www.nchealthplans.com or call our toll free number 888-765-5400 and speak with one of our professional agents. Our agency provides coverage for health insurance in North Carolina through Blue Cross Blue Shield of North Carolina (BCBSNC). It would be our pleasure to help you navigate through the Health Care Reform changes in accordance with the new regulations of Obama care. Call us for details.

This entry was posted on Friday, February 21st, 2014 at 2:38 am and is filed under Blue Advantage/Blue Options HSA. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.