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.
|
2009
|
2010
|
|
| 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.
