Close Close
ThinkAdvisor

Life Health > Health Insurance > Health Insurance

HSA Program Gets Inflation Adjustment

X
Your article was successfully shared with the contacts you provided.

The Internal Revenue Service has announced the 2006 minimum deductible levels, maximum deductible levels and maximum out-of-pocket spending limits for health savings account-compatible health insurance plans.[@@]

For individuals, the minimum deductible level will increase to $1,050, from $1,000; the maximum deductible will increase to $2,700, from $2,650; and the out-of-pocket spending limit will increase to $5,250, from $5,100, the IRS says.

For families, the minimum deductible level will increase to $2,100, from $2,000; the maximum deductible will increase to $5,450, from $5,250; and the out-of-pocket spending limit will increase to $10,500, from $10,200.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.