2020 Health Savings Account | Mercer

2020 Health Savings Account, High-Deductible Health Plan Figures Issued

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2020 Health Savings Account, High-Deductible Health Plan Figures Issued
2020 Health Savings Account, High-Deductible Health Plan Figures Issued
Calendar28 May 2019

The IRS has announced that all 2020 inflation-adjusted amounts for health savings accounts (HSAs) and high-deductible health plans (HDHPs) will increase from 2019 levels. The HSA catch-up contribution is set by statute and is not indexed for inflation after 2009. The table below shows the limits for 2018‒2020.

ACA out-of-pocket maximums are higher. As announced by the Department of Health and Human Services in April, the 2020 out-of-pocket maximums for nongrandfathered group health plans under the Affordable Care Act (ACA) — $8,150 for self-only and $16,300 for other coverages — are higher than 2020 HDHP out-of-pocket maximums.

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