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Consumer-Driven Health Care &

Health Savings Accounts


May 22, 2010 - The IRS releases 2011 HSA limits:

  • The maximum annual HSA contribution for individuals is $3,050 and $6,150 for families
  • Catch up contributions for those age 55 plus remains at $1,000 annually
  • The maximum annual out-of-pocket limits for individuals is $5,950 and for families is $11,900
  • The minimum deductible for HDHPs is $1,200 for individuals and $2,400 for families


The IRS recently announced the 2010 inflation adjusted amounts for Health Savings Accounts (HSAs) as determined under § 223 of the Internal Revenue Code.  May 2009

Annual contribution limitation. For calendar year 2010, the annual limitation on deductions under § 223(b)(2)(A) for an individual with self-only coverage under a high deductible health plan is $3,050. For calendar year 2010, the annual limitation on deductions under § 223(b)(2)(B) for an individual with family coverage under a high deductible health plan is $6,150.

High deductible health plan. For calendar year 2010, a “high deductible health plan” is defined under § 223(c)(2)(A) as a health plan with an annual deductible that is not less than $1,200 for self-only coverage or $2,400 for family coverage, and the annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) do not exceed $5,950 for self-only coverage or $11,900 for family coverage


IRS Releases Final HSA Regulations

The Internal Revenue Service released final regulations providing guidance on employer comparable contributions to health savings accounts (HSA) and requirements for reporting and paying excise tax. The regulations affect employers that contribute to employee HSAs and Archer Medical Savings Accounts (MSAs), employers or employee organizations that sponsor a group health plan, third parties such as insurance companies or health maintenance organizations (HMOs) or third-party administrators who provide benefits under the plan.

The regulations are effective September 8, 2009.