Blog 5/11/2018

New Limits for HDHPs, HSAs (2019)

The Internal Revenue Service has just announced the annual contribution, deductible, and out-of-pocket expenses limits for high deductible health plans (HDHPs) and associated health savings accounts (HSAs) for calendar year 2019.

Under Revenue Procedure (Rev. Proc.) 2018-30:

  • The annual contribution limit for an HSA is $3,500 for individual coverage and $7,000 for family coverage. (This represents an increase of $50 and $100, respectively).
  • An HDHP is defined as a plan with an annual deductible of at least $1,350 for individual coverage or $2,700 for family coverage. (Note this is the same as for 2018).
  • Annual out-of-pocket expenses (deductibles, copays, and other amounts, but not premiums) cannot exceed $6,750 for individual coverage or $13,500 for family coverage (an increase of $100 and $200, respectively).

The Revenue Procedure announcing the change can be found here: https://www.irs.gov/pub/irs-drop/rp-18-30.pdf.

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