* High Deductible Insurance: For 2024, the IRS defines a high deductible health plan as any insurance plan with a deductible of at least $1,600 for an individual or $3,200 for a family, and for which the annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) do not exceed $8,050 for self-only coverage or $16,100 for family coverage.