The IRS has released the maximum contribution limits for Health Savings Accounts (HSAs) and High Deductible Health Plan (HDHP) minimum deductibles and out-of-pocket maximums for the 2019 Calendar Year. For your convenience, we’ve provided a summary below. You can reference the official document here.
Health Savings Account contribution limit for individual coverage: $3,500 (increased $50)
Health Savings Account contribution limit for family coverage: $7,000 (increased $100)
Catch-up has not increased and remains at $1,000 as it is fixed by law and not adjusted for inflation.
High Deductible Health Plan minimum deductible single: $1,350 (remained the same)
High Deductible Health Plan minimum deductible family: $2,700 (remained the same)
High Deductible Health Plan Out-of-Pocket Maximum single: $6,750 (increased $100)
High Deductible Health Plan Out-of-Pocket Maximum family: $13,500 (increased $200)
Innovative is committed to providing you with updated benefits related information as it becomes available. If you have any questions about HSAs, HDHPs, or other benefits related issues, please do not hesitate to contact us. (888) 427-7383.
