Human Resources News & Insights

Changes for 2018 HSAs, high-deductibles: What IRS increased

If you’d like to get a jump on next year’s planning, the IRS just released the 2018 HSA contribution limits and HDHP required deductibles and out-of-pocket limits. 

The IRS limits are based on cost-of-living adjustments.

HSA limits

Single. The maximum an individual with self-only coverage in an HDHP can contribute to an HSA increases to $3,450 (up $50).

Family. The max HSA contribution for an individual with family coverage jumps to $6,900 (up $150).

HDHP Limits

Single. The minimum deductible for self-only HDHP coverage will remain at $1,350 (up $50).

Family. The minimum deductible for family HDHP coverage stays at $2,700 (up $100).

Out-of-pocket max

Single. The maximum amount an HDHP participant can pay out of pocket for self-only coverage (including deductibles, co-pays and co-insurance – but not premiums) remains $6,650 (up $100).

Family. The max out-of-pocket cost an HDHP participant with a family plan can pay will jump to $13,300 (up $100).

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