Whether you have an established high-deductible health plan (HDHP) at your organization – or such a move is under consideration, it is important to note that the Internal Revenue Service has announced higher limits on contributions to health savings accounts (HSAs) and for out-of-pocket spending under linked high-deductible health plans (HDHPs) starting in 2015.
|HSA contribution limit (employer AND employee)||Individual: $3,300 |
|Individual: $3,350 |
|HSA catch-up contributions (age 55 or older) Catch-up contributions can be made any time during the year in which the HSA participant turns 55.||$1,000||$1,000 (no change)|
|HDHP minimum deductibles||Individual: $1,250 |
|Individual: $1,300 |
|HDHP maximum out-of-pocket amounts (deductibles, co-payments and other amounts, excluding premiums)||Individual: $6,350 |
|Individual: $6,450 |