2012 Limits on HSAs, HDHPs

06.08.2011
HR & Safety

The U. S. Department of the Treasury has announced the 2012 annual limits for health savings accounts (HSAs) and for high deductible health plans (HDHPs), which must be used in conjunction with HSAs.

Revenue Procedure 2011-32 sets the following maximum and minimum contribution levels for HSAs and maximum out-of-pocket spending limits for HDHPs:

  • The maximum contribution amount for an individual with self-only coverage is $3,100 (up from $3050 in 2011); the amount for an individual with family coverage is $6,250 (up from $6150).
  • The minimum deductible amount is $1,200 for self-only coverage (no change from calendar year 2011) and $2,400 for family coverage (no change from calendar year 2011).
  • The out-of-pocket limit (for deductibles, co-payments, and other amounts, but not premiums) is $6,050 for self-only coverage (up from $5,950) and $12,100 for family coverage (up from $11,900).
  • The HSA catch-up contribution for individuals 55 or older is $1000, unchanged from 2011.

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