Public School Employees - Contribution Requirements & Limits

2008 Plan Year Rates - Effective October 1, 2007 - September 30, 2008

If you elect the HSA PPO offered by NovaSys Health, you can make contributions to an HSA account on a Pre-Tax basis so that you can benefit from the reduction of Federal, State and other payroll taxes.

This table below assumes participation for a full 12 months. Exceptions exist for employees who enroll in the HSA PPO at time other than the open enrollment period in August.

Contribution Limits

Plan Tier
Annual
Limit
Active:  
Employee Only
$2,900
Employee + Spouse
$5,800
Employee + Child(ren)
$5,800
Employee + Family
$5,800

Plan Tier
Annual
Limit
Retiree - Not Medicare Primary:
Employee Only
$2,900
Employee + Spouse
$5,800
Employee + Child(ren)
$5,800
Employee + Family
$5,800
Employee + Medicare Spouse
$5,800
Employee + Medicare Spouse + Child(ren)
$5,800

Plan Tier
Annual
Limit
COBRA:  
Employee Only
$2,900
Employee + Spouse
$5,800
Employee + Child(ren)
$5,800
Employee + Family
$5,800

An additional annual contribution of $900 per year is allowed for any individual or dependent that is 55 years of age or older.

HSA PPO Rates &
Comparison Chart

 

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