DID YOU KNOW?
On April 23, the Internal Revenue Service announced new 2015 limits for health savings accounts (HSAs).
For 2015, the annual HSA contribution limit for an individual with self-only coverage under a high deductible health plan (HDHP) will be $3,350, while contribution limits under a family HDHP will be $6,650.
The maximum out-of-pocket expense limit for self-only HDHP coverage for 2015 will be $6,450, while family HDHP coverage for 2015 will be $12,900.
For 2015, the deductibles under a HDHP must be at least $1,300 for self-only coverage and $2,600 for family coverage.

 

In this Issue: June Benefits Buzz

• COBRA and Exchange Rules Clarified
• New COBRA and CHIPRA Model Notices