2018 HSA guidelines released

The 2018 health savings account (HSA) guidelines were recently released by the Internal Revenue Service (IRS). These guidelines outline the inflation-adjusted contribution, deductible, and out-of-pocket spending limits for Health Savings Accounts (HSAs) and high-deductible health plans (HDHPs) for calendar year 2018. 

2018 HSA Overview

  • Minimum deductible:
    • Compliant HSA plan examples:
      • One plan for self-only and family with an embedded deductible, the minimum deductibles are: $2,700 individual and $2,700 family 
      • One plan for self-only and family with a non-embedded deductible, the minimum deductibles are: $1,350 individual and $2,700 family  
      • $1,350 for self-only coverage (versus $1,300 in 2017)
      • $2,700 for family coverage (versus $2,600 in 2017)
      • $2,700 for embedded individual deductible (versus $2,600 in 2017) 
    • Out-of-pocket maximum: 
      • $6,650 for self-only coverage (versus $6,550 in 2017)
      • $13,300 for family coverage  (versus $13,100 in 2017)
      • $6,650 for embedded individual out-of-pocket maximum (versus $6,550 in 2017)
      • Compliant HSA/ACA plan examples:
        • One plan for self-only and families with an embedded out-of-pocket maximum, the maximum amounts are: $6,650 individual and $13,300 family
        • One plan for self-only and family with a non-embedded deductible, the maximum amounts are: $6,650 individual and $7,350 family
    • Watch for the intersection of the HSA and Affordable Care Act (ACA) rules. The 2018 ACA maximum is $7,350 for individual and $14,700 family (versus $7,150 individual and $14,300 family in 2017). 
  •  HSA contribution limits:
    • $3,450 for self-only coverage (versus $3,400 in 2017)  
    • $6,900 for family coverage (versus $6,750 in 2017)
    • The annual “catch-up” contribution amount for individuals age 55 or older will remain $1,000.

Please refer to the 2018 Health Savings Account Guidelines Overview flier or your representative for information.