Understanding Consumer Directed Health Plans (CDHP) with Health Savings Accounts (HSA)

If you are considering choosing a CDHP for 2022, here are a few things to know:

  • CDHPs have low premiums, offset by a higher deductible and out-of-pocket max. These plans are paired with a HSA, into which WSU will contribute $58.34/individual or $116.67/family each month. You may make your own pre-tax contributions to the HSA through payroll deduction.
  • The HSA contribution limit for 2022 is $3650/individual and $7300/family. This includes employer and employee contributions, and the $125 SmartHealth Incentive if earned. Employees 55 or older may contribute an additional $1000/yr.
  • HSA funds can be used to pay for qualified medical expenses, and carry forward year-to-year. They remain your funds even if you switch plans, leave WSU, or retire.
  • To enroll in a CDHP, you must meet the IRS eligibility requirements. If nearing age 65, consider speaking with a tax advisor. Individuals enrolled in Medicare cannot contribute to a HSA.
  • If you have a Medical FSA for 2021 and are switching to a CDHP for 2022, your FSA account must be at $0 by Dec. 31.
  • During 2022 Open Enrollment, CDHP/HSA enrollees can also enroll in a Limited FSA, which covers certain vision and dental expenses only.

More information can be found on the HSA info page.

The Notices and Announcements section is provided as a service to the WSU community for sharing events such as lectures, trainings, and other highly transactional types of information related to the university experience. Information provided and opinions expressed may not reflect the understanding or opinion of WSU. Accuracy of the information presented is the responsibility of those who submitted it. The self-uploaded posts are reviewed for compliance with state statutes and ethics guidelines but are not edited for spelling, grammar, or clarity.

Next Story

New WSU research challenges traditional crop rotation thinking

Nearly two decades of WSU research suggest Eastern Washington farmers could improve profitability and soil health by growing a wider variety of crops and reducing the time fields are left unplanted.
By Joe Roberts, College of Agricultural, Human, and Natural Resource Sciences

Recent News

Abby McCarthy connects global learning with career goals 

When McCarthy began a five-month exchange at City University of Hong Kong, she became the first Carson College of Business student to participate in a bilateral exchange in China since 2019.
By Scott Jackson, Carson College of Business

Student art exhibition celebrates voices of recovery

The fifth annual Cougs for Recovery Art Exhibition on Nov. 13 will showcase student artwork exploring recovery, identity, and perseverance while fostering connection and belonging.
By Steve Nakata, Student Affairs

Study probes what drivers would pay for ‘salmon-safe’ tires

As manufacturers work to produce tires without a compound that can be fatal to coho salmon, study finds consumers might pay a 10% premium for ‘salmon-safe’ tires.
By Scott Weybright, College of Agricultural, Human, and Natural Resource Sciences

Navy veteran Patrick Hylton joins his family at WSU Global Campus

After more than 23 years of service in the U.S. Navy, veteran Patrick Hylton is pursuing a degree in data analytics through WSU Global Campus, joining his wife and two oldest children in a family tradition of Cougar education.
By Emily Oliva, WSU Global Campus