IRS Releases 2012 HSA Limits

Posted May 25, 2011 by admin

Hot off the press!  The Internal Revenue Service has just released the 2011 cost-of-living-adjusted HSA limits.  The following takes effect for calendar year 2012.

Annual contribution limits

• $50 increase (EE Only): The annual limitation on deductions for an individual with employee-only coverage under a high deductible health plan (HDHP) is $3,100 — up $50 from 2011.
• $100 increase (Family, or more than EE-Only): The annual limitation on deductions for an individual with family coverage under a HDHP is $6,250 — up $100 from 2011.

Minimum deductible

• EE Only – No change: The minimum deductible for employee-only HDHP coverage is $1,200 — no change from 2011.
• Family, or more than EE-Only: The minimum deductible for family HDHP coverage is $2,400 — no change from 2011.

Out-Of-Pocket (OOP) Max

• $100 increase (EE Only): The limit on maximum out-of-pocket expenses (including deductibles, co-pays and co-insurance — but not premiums) for employee-only HDHP coverage is $6,050 — up $100 from 2011.
• $200 increase (Family, or more than EE-Only): The limit on maximum out-of-pocket expenses for family HDHP coverage is $12,100 — up $200 from 2011.

To read IRS Revenue Procedure 2011-32 click here.

AP Benefit Advisors’ reference chart for HSAs, HCSFSAs, HRAs.