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IRS Announces 2012 Cost-of-Living
Changes to HSA Contribution Limits and HDHP Out-of-Pocket
Maximums
The IRS has released the 2012 cost-of-living
adjustments affecting HSAs. The HSA contribution limits and
HDHP out-of-pocket maximums will increase slightly, while
the HDHP minimum required deductibles remain unchanged. Here
are the details:
- HSA Contribution Limits. The 2012 annual HSA contribution
limit for individuals with self-only HDHP coverage is $3,100
(a $50 increase from 2011), and the limit for individuals
with family HDHP coverage is $6,250 (a $100 increase from
2011).
- HDHP Minimum Required Deductibles. The 2012 minimum annual
deductible for self-only HDHP coverage remains $1,200 and
for family HDHP coverage remains $2,400.
- HDHP Out-of-Pocket Maximum. The 2012 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 $6,050 (a $100 increase from 2011), and
the limit for family HDHP coverage is $12,100 (a $200 increase
from 2011).
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