IRS has announced the 2023 inflation-adjusted amounts for health savings accounts (HSAs), high-deductible health plans (HDHPs) and excepted-benefit health reimbursement arrangements (HRAs). In 2023, tax-deductible/tax-free HSA contribution limits, HDHP in-network out-of-pocket maximums and HDHP minimum annual deductibles will increase for both self-only and family coverage levels. The HSA catch-up contribution limit is set by statute and hasn’t changed since 2009. The 2023 maximum annual employer contribution for an excepted-benefit HRA will increase to $1,950. The table below shows the HSA, HDHP and excepted-benefit HRA limits for 2021‒2023.
As announced by the Centers for Medicare and Medicaid Services (CMS) in December 2021, the out-of-pocket maximums for non-grandfathered group health plans under the ACA — $9,100 for self-only and $18,200 for other coverages — are higher than 2023 HDHP out-of-pocket maximums.
