FSA/HSA/HRA Changes

High Deductible Plans with HSAs

High-deductible health plans (HDHPs) with HSAs must follow Internal Revenue Service (IRS) rules. HSA plans have minimum deductible and maximum OOP limits.

The IRS issued 2020 inflation adjusted amounts for Health Savings Accounts (HSAs). The 2019 amounts are in parentheses. HDHPs that become effective before 2020 are not impacted by 2020 adjustments.

For self-only coverage (2020)

  • The annual deductible must be at least $1,400 (non-embedded)/$2,800 (embedded) (2019 - at least $1,350 non-embedded/$2, 700 embedded)
  • The annual out-of-pocket limits may not exceed $6,900 (2019 - $6,750)
  • The annual contribution limits are $3,550 (2018 - $3,500)

For family coverage (2020)

  • The annual deductible must be at least $2,800 (2019 - $2,700)
  • The annual out-of-pocket limits may not exceed $13,800 (2019 - $13,500)
  • The annual contribution limits are $7,100 (2018 is $7,000)