We’re more than halfway through 2014 and though it may seem like 2015 is a long way off, there are changes to 2015 employee benefits that may affect you if you participate in a high-deductible health insurance plan with coupled with a Health Savings Account (HSA).
The U.S. Treasury Department and Internal Revenue Service have issued new guidelines on high-deductible health insurance plans and the health savings accounts (HSAs) that go with them. As a result, out-of-pocket spending limits and maximum contributions to HSAs will change next year. The following limits are in effect for calendar year 2015:
|Category||2014 Limits||2015 Limits|
|Maximum annual HSA contribution amount
(employer + employee)
|Catch-up contribution level
(for those who are 55 or older)
|Maximum out-of-pocket||$6,350 (single)
|Minimum deductible||$1,250 (single)
|Minimum embedded deductible||$2,500 (single)
If you have questions about high-deductible health insurance plans and the health savings accounts (HSAs), feel free to contact any of the Noah Insurance Group Employee Benefit team as they’d be glad to help.