Explore the 2021 HSA Deductibles and Contribution Limits

The Internal Revenue Service (IRS) has announced the inflation-adjusted 2021 minimum deductibles, out-of-pocket maximums and contribution limits for health savings accounts (HSAs) and qualified high deductible health plans (HDHPs). The IRS changes are effective on the employers’ effective or renewal date beginning Jan. 1, 2021, or later.   

“Self-only coverage” refers to plans for one individual, while “family coverage” refers to plans for two or more individuals. The out-of-pocket maximum includes copayments, deductibles and coinsurance amounts, and excludes premiums.

2021 limits for high deductible health plans (HDHP) with health savings accounts (HSA)

Minimum deductible

  • $1,400 for self-only coverage (no change from 2020)
  • $2,800 for family coverage (no change from 2020)
  • $2,800 for embedded individual deductible (no change from 2020)

Out-of-pocket maximum

  • $7,000 for self-only coverage ($100 increase from 2020)
  • $14,000 for family coverage ($200 increase from 2020)
  • Please watch for the intersection of HSA and Affordable Care Act (ACA) rules. The 2021 ACA maximum is $8,550 for individual coverage ($8,150 in 2020).
  • Examples of compliant HSA/ACA plans:
    • If you have one plan for self-only and family and have an embedded out-of-pocket, the maximum amounts for 2021 are $7,000 for individuals and $14,000 for families.
    • If you have one plan for self-only and family and have a non-embedded out-of-pocket, the maximum amounts for 2021 are $7,000 for individuals and $8,550 for families.

HSA contribution limits

  • $3,600 for self-only coverage ($50 increase from 2020)
  • $7,200 for family coverage ($100 increase from 2020)
  • The annual “catch-up” contribution amount for individuals age 55 or older will remain $1,000.

2021 Maximum Out-of-Pocket Limits for Group Plans

    2021 Maximum out-of-pocket limit for Group Plans

  • $8,550 for self-only coverage ($8,150 in 2020)
  • $17,100 for family coverage ($16,300 in 2020)

The annual out-of-pocket maximum requirement does not apply to transitional relief and retiree only plans.

For questions discuss with your broker or UnitedHealthcare representative.