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The Exchange has a close working relationship with the Washington State Health Care Authority, Office of the Insurance Commissioner, and the Department of Social and Health Services. In 2012, legislation was passed [ 2 ] that established market rules, requirements for qualified health plans (QHPs), essential health benefits, and other key ...
For an individual with self-only coverage under an HDHP, the annual contribution limitation is $4,300. This is an increase from the limit in 2024 of $4,150. For an individual with family coverage ...
A State-based Marketplace (SBM) is a state-specific online marketplace where American citizens and legal residents can comparison shop, apply, and enroll in subsidized health insurance plans via a government agency. Similar to Healthcare.gov, but created and maintained by the individual state.
In 2025, the minimum deductible for a HSA-eligible plan is $1,650 for individuals and $3,300 for families. Individuals are able to contribute up to $4,300 in 2025, while families can put in up to ...
A health savings account, or HSA, is a tax-advantaged savings account for paying medical expenses that is available to consumers with high-deductible health insurance plans. ... the most an ...
The Government Accountability Office (GAO) reported in April 2008 that many individuals enrolled in HSA-qualified health plans did not open tax-qualified health savings accounts, and individuals that had health savings accounts had higher incomes than others. According to the report, nationally representative surveys conducted by Blue Cross ...