Employee Benefits
August 31, 2023
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On Thursday, May 10, the Internal Revenue Service (IRS) published Revenue Procedure 2018-30 which includes inflation adjustments to qualified high deductible health plans (HDHPs) and Health Savings Account (HSA) contribution limits. A summary of the adjustments has been provided below:
It should be noted that the maximum out-of-pocket limits for a HDHP asociated with an HSA are different than the maximum out-of-pocket limits allowed under the Affordable Care Act (ACA). Additionally, the adjustments to the 2019 HSA contribution limits are final and are not expected to change.
IXSolutions brings over 30 years of combined experience to the market as Employee Benefits Consultants. We’ve been bringing creative solutions and alternatives to the market since the inception of the Affordable Care Act.
Today, we work with companies, individuals, and Medicare eligible individuals to provide solutions to the complex insurance industry. We are a trusted partner to thousands of clients, brokers, and associations across the country.
