(Article provided by American Benefits Council)

On April 29, the U.S. Treasury Department and Internal Revenue Service (IRS) released Revenue Procedure 2016-28, which lists the indexed amounts, adjusted for inflation, for health savings accounts and high-deductible health plans (HDHPs) for calendar-year 2017.

In most cases, the new limits are the same as the prior year. The only figure to increase in 2017 is the annual contribution limit for self-only coverage, which increases from $3,350 to $3,400.

The following table lists the current 2016 amounts and the new 2017 amounts:

Calendar Year 2016 Calendar Year 2017
Self-only Family Self-only Family
Annual Contribution Limit $3,350 $6,750 $3,400 $6,750
HDHP Minimum Deductible $1,300 $2,600 $1,300 $2,600
HDHP Out-of-Pocket Limit
(includes deductibles, co-payments
and other amounts but not premiums)
$6,550 $13,100 $6,550 $13,100

Annette Cruz

Annette Cruz

Annette Cruz was The Alliance health policy consultant. Cruz was responsible for analyzing health policy issues at the state and national level and working with The Alliance Health Policy Committee to develop strategies to influence high impact issues.

Cruz began public service as a staff person in the Wisconsin State Legislature, where she specialized in health and social services policy issues. She later served as a health policy advisor and policy director for Governors Tommy Thompson and Scott McCallum. Most recently she served as the director of government affairs in a consultant role for Blue Cross & Blue Shield United of Wisconsin.

Cruz received her master's degree in health services administration from the University of Wisconsin-Madison, where she also earned a bachelor's degree in Behavioral Science & Law.
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