HSA Limits Will Increase for 2015

Tuesday, 06 May 2014

HSA Limits Will Increase for 2015

On April 23, 2014, the Internal Revenue Service (IRS) issued Revenue Procedure 2014-30,which increases limits for health savings accounts (HSAs) effective for calendar year 2015.

The following HSA limits will increase for 2015:
·Annual contribution limits for single and family coverage;
·Maximum out-of-pocket expense limits for coverage under a high deductible health plan (HDHP); and
·Minimum annual deductibles for coverage under an HDHP.

HSA contribution limits
For 2015, the annual HSA contribution limit for an individual with self-only coverage under an HDHP is $3,350 (up from $3,300 for 2014).
For 2015, the annual HSA contribution limit for an individual with family coverage under an HDHP is $6,650 (up from $6,550 for 2014).

HDHP Out-of-pocket expense limits
The maximum out-of-pocket expense (deductibles, copayments and other amounts, but not premiums) limit for self-only HDHP coverage for 2015 is $6,450, which is up from $6,350 for 2014.
For family HDHP coverage, the maximum out-of-pocket expense limit for 2015 is $12,900, which is up from $12,700 for 2014.

HDHP MINIMUM deductibles
For 2015, the deductibles under an HDHP must be at least $1,300 for self-only coverage (up from $1,250 for 2014) and $2,600 for family coverage (up from $2,500 for 2014).

Effective date
These new limits are effective for calendar year 2015.

more information
For a copy of IRS Revenue Procedure 2014-30, see

SBC & Uniform Glossary

Thursday, 08 November 2012


The Summary of Benefits and Coverage document is intended to provide consumers with a concise document explaining, in plain language, simple and consistent information about health plan benefits and coverage. It will summarize the key features of the plan, such as the covered benefits, cost-sharing provisions, and coverage limitations and exceptions.
What does SBC look like Download a template

Uniform Glossary

The Uniform Glossary includes many commonly used definitions of health coverage and medical terminology, but isn’t a full list. These glossary terms and definitions are intended to be educational and may be different from the terms and definitions for a plan. Some of these terms also might not have exactly the same meaning when used in a policy or plan, and in any such case, the policy or plan governs. The glossary may not be modified by plans or issuers and is to be provided in connection with the SBC.
Get Uniform Glossary

Need more detail? Please click HERE for
2012 Updates from IRS & California

* IRS Employers Tax Guide to Fringe Benefits
* CA.GOV  Employer Responsibilities to EDD
* CA.GOV  State Disability Insurance (DI) and Paid Family Leave (PFL)

* Employee Handbook
Note: This is a default handbook, employers please check the “red notes” and modify them to fit your organization’s needs.
Read more…

HSA, HRA and others

Friday, 09 March 2012

What is HSA, FSA and HRA? Click to find IRS’s definitions:

HR Calendar

May 2022