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The IRS recently announced its annual cost-of-living adjustments affecting health savings accounts (HSAs) for calendar year 2019. The annual limit on deductible contributions to an HSA will jump by $50 for individuals and $100 for families next year.
Notably, high-deductible health plan (HDHP) out-of-pocket maximums for families will also increase in 2019, even though they were reduced earlier this year. HDHP minimum required deductibles remain unchanged.
MedBen clients with questions regarding these adjustments are welcome to contact Director of Administrative Services Sharon A. Mills at (800) 423-3151, Ext. 438 or smills@medben.com.