The Internal Revenue Service (IRS) has released Revenue Procedure 2021-25 that provides the health savings accounts (HSA) limits and excepted benefit health reimbursement arrangements (EBHRA) for 2022.

The 2022 amounts for HSAs as compared to 2021 are as follows:

HSA Limits	2022	2021	Increase
Contribution Limits
HSA Maximum Annual Contribution Limit (Self-only)	$3,650	$3,600	$50
HSA Maximum Annual Contribution Limit (Family)	$7,300	$7,200	$100
HSA Catch-up Contribution Limits (over age 55)	$1,000	$1,000	None
High Deductible Health Plan (HDHP) Limits
HDHP Minimum Annual Deductible (Self-only)	$1,400	$1,400	None
HDHP Minimum Annual Deductible (Family)	$2,800	$2,800	None
HDHP Maximum Annual Out-of-Pocket (Self-only)	$7,050	$7,000	$50
HDHP Maximum Annual Out-of-Pocket (Family)	$14,100	$14,000	$100
EBHRA Limits
Maximum amount newly available	$1,800	$1,800	None

 

The annual contribution maximum for 2022 is increasing by $50 for individuals with self-only HSA qualified high deductible health plan (HDHP) coverage to $3,650, and increasing by $100 for individuals with family HSA qualified HDHP coverage to $7,300. The maximum catch-up contribution for eligible account holders over age 55 remains $1,000.

The minimum deductibles for HDHP to be HSA qualified are not changing from 2021 to 2022. The minimum deductible for self-only coverage will remain $1,400. The minimum aggregate deductible for family coverage will remain $2,800. HSA-compatible HRAs continue to use these minimum deductibles for 2022.

Please remember, if your plan uses an embedded deductible, in order to remain HSA qualified the minimum deductible per person must be $2,800 on a family contract.

To be an HSA qualified plan, a HDHP must also meet required out-of-pocket maximum limits. These limits have increased for 2022 and cannot be greater than $7,050 for single coverage (increase of $100 from $7,000 in 2021) and $14,100 for family coverage (increase of $100 from $14,000 in 2021).

On May 5, 2021, the Department of Health and Human Services (HHS) released the final rule that included the 2022 maximum out-of-pocket limits for non-grandfathered plans.. The 2022 maximum for individuals with self-only coverage is $8,700, and the maximum for those enrolled in family coverage is $17,400.

It is important to note that you can have a plan design that is compatible with the Affordable Care Act (ACA), but is not compatible with the HSA rules.  The ACA out of pocket maximums are higher than what is permitted to be considered to be an HSA compatible HDHP.

https://www.govinfo.gov/content/pkg/FR-2021-05-05/pdf/2021-09102.pdf