2015 CONEXIS Compliance Update Header
Distributed May 14, 2015
IRS ANNOUNCES INCREASED 2016 HSA INDEX FIGURES
Recently, the IRS released the new health savings account (HSA) index figures for 2016. The 2016 index includes increases to the family contribution limits and maximum out-of-pocket expenses. The maximum annual contribution limit for individual coverage and minimum annual deductible for both individuals and families remains the same.
The IRS provides this early release to help plan sponsors and participants budget for the upcoming year. See the table below for details and the IRS Revenue Procedure publication (RP-2015-30) for the text of the 2016 index figures for HSAs and qualifying high deductible health plans (HDHPs).
2016 HSA Index Figures
  2015 2016
Minimum deductible amounts for the qualifying HDHP
Individual coverage $1,300 $1,300
Family coverage $2,600 $2,600
Maximum HSA contribution levels
Individual coverage $3,350 $3,350
Family coverage $6,650 $6,750
Catch-up contribution allowed for those 55 and over $1,000 $1,000
Maximum for HDHP out-of-pocket expenses
Individual coverage $6,450 $6,550
Family coverage $12,900 $13,100
 
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