•  
 /  About Us / Details
June 7, 2018

HSA Inflationary Adjustments for 2019 (article)

In Revenue Procedure 2018-30, the IRS released the 2019 cost of living adjustments relating to health savings accounts (HSA). For 2019, the individual and family contribution limits and out-of-pocket (OOP) limits will increase.  The annual high deductible health plan (HDHP) deductible limits remain the same.

 

Individual/Self Only

Family

2019

2018

2019

2018

HDHP Annual Deductible

 

$1,350

 

$1,350

 

$2,700

 

$2,700

HDHP Annual Out-of-Pocket Limit*

 

$6,750

 

$6,650

 

$13,500

 

$13,300

Contribution Limit

 

$3,500

 

$3,450

 

$7,000

 

$6,900

 

*Note: The out-of-pocket (OOP) limits applicable to high deductible health plans used in conjunction with HSAs differ slightly from the Affordable Care Act’s imposed OOP limits, which for 2018, the OOP is $7,350 for self-only; $14,700 for other than self-only coverage.  In 2019, the OOP limits increase to $7,900 for self-only, $15,800 for other than self-only coverage.  Also important to remember that under the Affordable Care Act, for a family plan, no individual can be subject to an OOP greater than the individual OOP limit.

General reminders about HSA limits:

  • The $1,000 catch up contribution available to accountholders aged 55 and over is not tied to a cost of living adjustment and thus, remains at $1,000.
  • With regard to the family deductible, any embedded deductible can be no lower than the minimum family statutory deductible limit.


The information contained in this article is provided as general guidance and may be affected by changes in law or regulation. This article is not intended to replace or substitute for accounting or other professional advice. Please consult a CBIZ professional. This information is provided as-is with no warranties of any kind. CBIZ shall not be liable for any damages whatsoever in connection with its use and assumes no obligation to inform the reader of any changes in laws or other factors that could affect the information contained herein. 

Insights in Your Inbox
Find Us
  • OR