The IRS has released the 2023 cost-of-living adjustments for Health Savings Account (HSA) contribution limits, HDHP deductibles, and out-of-pocket maximums. Please review and keep the adjusted amounts handy as you enter open enrollment period. Read the official IRS release.
| Limits for Group Plans and HDHP/HSA Plans | 2022 | 2023 |
|---|---|---|
| HSA-Compatible HDHP Minimum Required Deductible* | ||
| Self-only HDHP coverage | $1,400 | $1,500 |
| Family HDHP coverage | $2,800 | $3,000 |
| HSA-Compatible HDHP Out-of-Pocket Max | ||
| Self-only HDHP coverage | $7,050 | $7,500 |
| Family HDHP coverage | $14,100 | $15,000 |
| Non-HSA-Compatible HDHP Out-of-Pocket Max | ||
| Self-only HDHP coverage | $8,700 | $9,100 |
| Family HDHP coverage | $17,400 | $18,200 |
| HSA Contribution Limits | ||
| Self-only HDHP coverage | $3,650 | $3,850 |
| Family HDHP coverage | $7,300 | $7,750 |
| Catch-up Contribution Limits | ||
| HSA-eligible individuals age 55 or older | $1,000 | $1,000 |
*Plans in 2022 where the individual deductible is less than $2,800 will be considered an aggregate deductible. This means the entire family deductible must be satisfied before benefits for any covered person under the policy will be paid. In 2023, that amount will be $3,000.