For 2010, the contribution limit for an individual with self-only coverage under a qualifying high deductible health plan is $3,050, up $50 from 2009. For an individual with family coverage, the limit is $6,150, up $200 from 2009.
A qualifying high deductible health plan, for 2010, is defined as a health plan with an annual deductible greater than or equal to $1,200 for self-only coverage or $2,400 for family coverage. The limit on annual out-of-pocket expenses is $5,950 for self-only coverage or $11,900 for family coverage.
The current limits and corresponding 2010 limits for self-only and family coverages are compared in the chart below.
|Self-only coverage minimum deductible||$1,150||$1,200|
|Self-only coverage maximum out of pocket||$5,800||$5950|
|Self-only coverage maximum HSA contribution||$3,000||$3,050|
|Family coverage minimum deductible||$2,300||$2,400|
|Family coverage maximum out of pocket||$11,600||$11,900|
|Family coverage maximum HSA contribution||$5,950||$6,150|
|Catch-Up Contributions (age 55 or older)||$1,000||$1,000|
The IRS release can be viewed at http://www.irs.gov/pub/irs-drop/rp-09-29.pdf.