Health Savings Account updates

2012 Minimums and Maximums for Health Savings Accounts and High-Deductible Health Plans
On May 16, 2011, the Internal Revenue Service (IRS) released Revenue Procedure 2011-32,1 which announced various inflation-adjusted amounts for 2012 for Health Savings Accounts (HSAs) and High-Deductible Health Plans (HDHPs). The IRS calculates the annual adjustments using the 12-month period ending March 31.

The 2012 numbers are shown in the chart below.

2012 Minimums and Maximums for HSAs* and HDHPs


Individual Coverage



Maximum Annual
HSA Contribution** $3,100
(up $50 from
$3,050 for 2011)

Family

$6,250
(up $100 from
$6,150 for 2011)


Minimum HDHP Deductible

$1,200
(same as for 2011) $2,400
(same as for 2011)

Maximum HDHP
Out-of-Pocket Expense*** $6,050
(up $100 from
$5,950 for 2011)
$12,100
(up $200 from
$11,900 for 2011)