The IRS has released the 2019 cost-of-living adjustments affecting HSAs and HDHPs. The 2019 annual HSA contribution limit for individuals with self-only HDHP coverage is $3,500 and the limit for individuals with family HDHP coverage is $7,000. Individuals who are 55 or older any time in 2019 can contribute an additional $1,000.
HDHP Out-of-Pocket Maximums
The 2019 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 $6,750 and the limit for family HDHP coverage is $13,500.
HDHP Minimum Required Deductibles
The 2019 minimum annual deductible for self-only HDHP coverage is $1,350 and the minimum annual deductible for family HDHP coverage is $2,700.
Employers with a Post-Deductible HRA should confirm that the employee front-end deductible responsibility is at least $1,350 for single coverage and $2,700 for family coverage in order to maintain participant’s eligibility for HSAs in 2019.