The IRS recently announced the dollar limits for the 2020 calendar year applicable to group plans and high deductible health plans (HDHPs)/health savings accounts (HSAs) .

2020 maximum out-of-pocket limits for group plans 
$8,150 for self-only coverage ($7,900 in 2019)
$16,300 for family coverage ($15,800 in 2019)

The out-of-pocket maximum includes copayments, deductibles and coinsurance amounts, and excludes premiums.  

2020 limits for HDHPs/HSAs
Minimum deductible 2020 
$1,400 for self-only coverage ($1,350 in 2019)
$2,800 for family coverage ($2,700 in 2019)
$2,800 for embedded individual deductible ($2,700 in 2019)

Out-of-pocket maximum 2020
$6,900 for self-only coverage (versus $6,750 in 2019)
$13,800 for family coverage  (versus $13,500 in 2019)

HSA contribution limits 2020
$3,550 for self-only coverage (versus $3,500 in 2019)
$7,100 for family coverage (versus $7,000 in 2019)
The annual “catch-up” contribution amount for individuals age 55 or older will remain $1,000.

Contact your PNW Insurance Solutions representative for more information by calling (425) 314-0988.