2019 COLAs for HSA-Qualifying HDHPs

7/5/2018

The IRS has released the 2019 cost-of-living amounts (COLAs) for HSA-qualifying high-deductible health plans.  Deductible amounts have not changed for 2019, but the out-of-pocket amounts (include deductibles, co-payments, and coinsurance, but not premiums) have increased:

Benefit

2018

2019

Minimum Annual Deductible for Single Coverage

$1,350

$1,350

Minimum Annual Deductible for Family Coverage

$2,700

$2,700

Maximum Out-of-Pocket Amount for Single Coverage

$6,650

$6,750

Maximum Out-of-Pocket Amount for Family Coverage

$13,300

$13,500

The contribution limits have also increase for 2019:

Contributor

2018

2019

Individual/Self Only

$3,450

$3,500

Family

$6,900

$7,000

The $1,000 catch-up contribution available to accountholders aged 55 and older is not tied to a COLA and remains at $1,000.

These 2019 COLAs are effective the first day of the first plan year on or after January 1, 2019.  If you have questions about the COLAs for 2019, call ASR Health Benefits at (616) 957-1751 or (800) 968-2449.