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News & Views
The IRS has released the 2015 limits affecting Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs). While the same out-of-pocket maximums applied for HDHPs linked to HSAs and to the Affordable Care Act (ACA) cost-sharing limit in 2014, those maximums will be different in 2015. The ACA out-of-pocket limits will be somewhat higher ($6,600 single and $13,200 family) than the HSA/HDHP out-of-pocket limits ($6,450 single and $12,900 family) in 2015; HDHPs that are connected to HSAs will need to meet the lower maximums.
This fall, the government will provide other cost-of-living adjustments that affect employers and plans, such as the Health Flexible Spending Account (FSA) limit, Social Security wage base, and qualified plan limits.