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June 5, 2009
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For Employers Offering a High Deductible Health Plan (HDHP) or Planning to Offer One Next Year
 
The IRS has released the 2010 cost-of-living adjustments for Health Savings Account (HSA) contribution limits and for HDHP deductibles and out-of-pocket maximums.
HSA Contribution Limits 
 
Self-only: $3,050 (up from $3,000 for 2009)
 
Family Coverage:
$6,150 (up from $5,950 for 2009)

The annual catch-up contribution limit (for HSA-eligible individuals who are age 55 or older), set by statute, remains at $1,000 for 2010.
 
We have provided a communication piece that you can share with your employees explaining the 2010 limits. 
 
Simply click on "Employee HSA Communication" under Resources to download this flyer.
HDHP Deductibles and Out-of-Pocket Maximums
 
Self-only

Annual Deductible: not less than $1,200 (up from $1,150 for 2009)
 
Out-of-Pocket Expenses:
not more than $5,950 (up from $5,800 for 2009)

Family Coverage

Annual Deductible: not less than $2,400 (up from $2,300 for 2009)
 
Out-of-Pocket Expenses:
not more than $11,900 (up from $11,600 for 2009)

 
Please note that the HDHP Plans offered through the SBC already comply with these new deductibles and out-of-pocket maximums.
Links
Questions?

If you have questions, please use the contact information below. 
 
Carol Jobe
Principal Financial Group
317-874-3812