Mercer projects 2025 HSA, HDHP and excepted-benefit HRA figures
February 16, 2024
Mercer projects the 2025 inflation-adjusted amounts for health savings accounts (HSAs), high-deductible health plans (HDHPs) and excepted-benefit health reimbursement arrangements (HRAs) will all rise from 2024 levels. These unofficial 2025 amounts are determined using the Internal Revenue Code (IRC)’s cost-of-living adjustment methods, the US Bureau of Labor Statistics (BLS) published Chained Consumer Price Index for All Urban Consumers (C-CPI-U) values through January 2024, and Mercer’s projected C-CPI-U values for February and March.
The table below shows the projected HSA, HDHP and excepted-benefit HRA amounts for 2025, along with the 2024 and 2023 values for comparison. The HSA catch-up contribution limit is set by statute and hasn’t changed since 2009.
| HSA and HDHP limits | Projected 2025 | 2024 | 2023 |
|---|---|---|---|
| Self-only coverage | |||
| Maximum tax-deductible/tax-free HSA contribution | $4,250 | $4,150 | $3,850 |
| HDHP minimum annual deductible | 1,650 |
1600 | 1500 |
| HDHP in-network out-of-pocket maximum | 8,250 or 8,300* |
8,050 |
7,500 |
| Family coverage | |||
| Maximum tax-deductible/tax-free HSA contribution | 8,550 |
8,300 |
7,750 |
| HDHP minimum annual deductible | 3,300 |
3,200 |
3,000 |
| HDHP in-network out-of-pocket maximum | 16,500 or 16,600* |
16,100 |
15,000 |
| HSA catch- up contribution limit at age 55 or older |
1,000 |
1,000 |
1,000 |
| Excepted-benefit HRA limit | |||
| Maximum employer contribution | 2,150 |
2,100 |
1,950 |
* Depending on actual inflation for February and March 2024, these limits may be $8,250/$16,500 or $8,300/$16,600.
Related resources
Non-Mercer resources
- Publication 969, HSAs and other tax-favored health plans (IRS, annually updated)
- Premium adjustment percentage, maximum annual limitation on cost sharing, reduced maximum annual limitation on cost sharing and required contribution percentage for the 2025 benefit year (CMS, Nov. 15, 2023)
- Health savings accounts (Congressional Research Service, Aug. 8, 2022)
- Health reimbursement arrangements (HRAs): Overview and related history (Congressional Research Service, March 7, 2022)
- A comparison of tax-advantaged accounts for healthcare expenses (Congressional Research Service, May 3, 2021)
Mercer Law & Policy resources
- Summary of 2024 benefit-related cost-of-living adjustments (Feb. 8, 2024)
- 2024 quick benefit facts (Jan. 17, 2024)
- Top 10 health, leave benefit compliance and policy issues in 2024; see Section 10, Health savings account (HSA), health reimbursement arrangement (HRA) and health flexible spending arrangement (FSA) developments (Oct. 12, 2023)
- Two-year renewal of predeductible HDHP telehealth coverage now law (Jan. 11, 2023)
- Final rules ease restrictions on health reimbursement arrangements (June 14, 2019)
Other Mercer resources
- How to maximize HDHPs and HSAs to save costs, promote health and retain talent (March 17, 2022)
- Helping employees save smarter through HSAs (Feb. 10, 2022)
- To treat or to prevent? That is (still) the HSA question (Jan. 7, 2020)
- HSA vs. 401(k): Help your employees win the battle for account funding (Jan. 31, 2019)