Affordable Health InsuranceHealth Insurance BrentwoodHealth Insurance Santa Monica

Health Saving Account Inflation Adjustment for 2015 slightly increased

The IRS has released the 2015 inflation-adjusted amounts for health savings accounts (HSAs) in Rev. Proc. 2014-30.

For 2015, HSA contribution limits and high deductible health plan (HDHP) out-of-pocket maximums are up slightly over 2014, while HDHP minimum required deductibles remain the same as 2013.

* Annual Contribution Limits: $3,350 for self-only coverage and $6,650 for family coverage.

o Up from 2014 contribution limits of $3,300 for self-only coverage and $6,550 for family coverage.

* HDHP Minimum Annual Deductible: $1,300 for self-only coverage and $2,600 for family coverage.

o Up from 2014 minimum annual deductible of $1,250 for self-only coverage and $2,500 for family coverage.

* HDHP Out-of-Pocket Maximum (deductibles, copayments, and other amounts, but not premiums): $6,450 for self-only coverage and $12,900 for family coverage.

o Up from 2014 limits of $6,350 for self-only coverage and $12,700 for family coverage.

The information let us speculate that the out-of pocket maximum for the metallic plan for  Silver and Bronze plan will also increase from $ 6350 to $ 6450 for individual and from $12700 to $ 12900 for a family.

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