WSU Cougar Head Logo Washington State University
WSU Insider
News and Information for Faculty, Staff, and the WSU Community

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. 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 by the News and Media Relations unit for spelling, grammar or clarity.

Categories: Announcements

Recent News

Hearing boards seek new members

Washington State University’s Community Standards boards are seeking new faculty and staff members from all disciplines at any campus location.

Five WSU faculty named AAAS Fellows

Professors Santanu Bose, Tom Kawula, Bernd Markus Lange, Jill McCluskey, and Katrina Mealey have all been elected as Fellows of the American Association for the Advancement of Science.

Find More News