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2015 HSA Limits Increased

Courtesy of Anthem – The Internal Revenue Service (IRS) has released the 2015 guidelines for Health Savings Account (HSA) plans. Here are the changes from 2014 to 2015:

Contribution Limits

  • Individual/ Employee Contribution Limit: increases $50 from $3,300 in 2014 to $3,350 in 2015
  • Individual/Employee + dependent(s) Contribution Limit: increases $100 from $6,550 in 2014 to $6,650 in 2015

Annual Deductible Amounts

  • Individual/ Employee  Minimum Deductible: increases $50 from $1,250 in 2014 to $1,300 in 2015
  • Individual/Employee + dependent(s) Minimum Deductible: increases $100 from $2,500 in 2014 to $2,600 in 2015

Out-of-Pocket (OOP) Maximum Amounts

  • Individual/ Employee OOP Maximum: increases $100 from $6,350 in 2014 to $6,450 for HDHP that have deductibles of at least $1300 in 2015.
  • Individual/Employee + dependent(s) OOP Maximum: increases $200 from $12,700 in 2014 to $12,900 for HDHP that have deductibles of at least $2,600 in 2015

High Deductible Health Plans 
Unlike 2014, when high deductible health plan limits on out-of-pocket expenses and the maximum out-of-pocket limits under the Affordable Care Act (ACA, health care reform law) were the same, these amounts are different for 2015.  The maximum out-of-pocket limits for 2015 are $6,600 coverage for an Individual or employee only and $13,200  coverage for an individual or employee +dependent(s) for traditional plans.

For more details, you can read the IRS notice for 2015 and this chart showing HSA limits by year.

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