News
IRS Announces 2013 HSA, HDHP, & Out-of-Pocket Limits
05/07/2012
IRS Announces 2013 HSA Contribution Limits & HDHP Minimum Deductibles & Out-of-Pocket Maximums
The IRS has released the 2013 cost-of-living adjustments affecting the HSAs and HDHPs. Each of the inflation-adjusted amounts - the HSA contribution limits, the HDHP minimum required deductibles, and the HDHP out-of-pocket maximums - will increase for 2012. Here are the details:
HSA Contribution Limits. The 2013 annual HSA contribution limit for individuals with self-only HDHP coverage is $3,250 (a $150 increase from 2012), and the limit for individuals with family HDHP coverage is $6,450 (a $200 increase from 2012).
HDHP Minimum Required Deductibles. The 2013 minimum annual deductible for self-only HDHP coverage is $1,250 ($50 increase from 2012), and the minimum annual deductible for family HDHP coverage is $2,500 (a $100 increase from 2012).
HDHP Out-of-Pocket Maximum. The 2013 maximum limit on out-of-pocket expenses (including items such as deductibles, co-payments, and co-insurance, but not premiums) for self-only HDHP coverage is $6,250 (a $200 increase from 2012), and the limit for family HDHP coverage is $12,500 (a $400 increase from 2012).
Source: EBIA Weekly
