The IRS has announced its inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2025.

• For individuals who qualify to contribute to an HSA, the 2025 annual limit on contributions will be $4,300 for individuals with self-only coverage (up from $4,150 in 2024) and $8,550 for those with family coverage (up from $8,300 in 2024).
• The 2025 deductible thresholds for HDHPs are $1,650 for self-only coverage (up from $1,600 in 2024) or $3,300 for family coverage (up from $3,200 in 2024). In order to preserve plan members’ HSA eligibility, an HDHP generally must not provide coverage for non-preventive care before a covered individual has satisfied the specified deductible.
• Annual maximum out-of-pocket limits are $8,300 for self-only coverage and $16,600 for family coverage (up from 2024 limits of $8,050 and $16,100, respectively).
• Two forms of relief for HDHPs are set to expire soon:
  • HDHPs can continue offering first-dollar coverage of non-preventive telehealth care through the end of any plan year beginning on or before December 31, 2024. For plan years beginning on or after January 1, 2025, HDHPs will not be able to cover non-preventive telehealth care before the deductible is satisfied unless the current relief is extended or made permanent.
  • HDHPs can continue to cover testing and treatment for COVID-19 on a pre-deductible basis for any plan years that end on or before December 31, 2024 (i.e., 2024 calendar year plans and any off-calendar year plan that started in 2023). Off-calendar plan years must begin applying the deductible to COVID-19 testing and treatment with the plan year starting in 2024.