Today the IRS released 2023 indexing for health savings accounts (HSAs) and excepted benefit health reimbursement arrangements (EBHRAs). The HSA limits address both the cost-sharing requirements of the underlying high deductible health plan (HDHP) and how much can be contributed to someone’s HSA for that calendar year.
| Provision | Description | 2022 | 2023 |
| HDHP Minimum Deductible | Single coverage Family coverage (note a per-person deductible would have to meet the minimum family deductible requirement) |
$1,400 $2,800 |
$1,500 $3,000 |
| HDHP Maximum Total Out-of-Pocket (OOP) | Single coverage Family coverage (note the per-person limit for non-grandfathered health plans) |
$7,050 $14,100 $8,700 |
$7,500 $15,000 $9,100 |
| HSA Annual Contribution Limit | Single coverage Family coverage (plus $1,000 per HSA account holder age 55+ on Dec 31) |
$3,650 $7,300 |
$3,850 $7,750 |
| EBHRA Limit | Employer may provide up to this limit per employee for an EBHRA | $1,800 | $1,950 |
IMA will continue to monitor regulator guidance and offer meaningful, practical, timely information.
This material should not be considered as a substitute for legal, tax and/or actuarial advice. Contact the appropriate professional counsel for such matters. These materials are not exhaustive and are subject to possible changes in applicable laws, rules, and regulations and their interpretations.