On May 10, 2021, the Internal Revenue Service (IRS) published Rev. Proc. 2021-25 which includes the 2022 limits for qualified high deductible health plans (HDHPs) and Health Savings Accounts (HSAs). Below is a summary of these limits:

Minimum Deductible to Qualify as an HDHP

• Single-only HDHP coverage = $1,400

• Family HDHP coverage = $2,800

Please note there will be no change in the minimum deductible requirements from 2021 to 2022.

Maximum Out-of-Pocket Limit to Qualify as an HDHP

• Single-only HDHP coverage = $7,050

• Family HDHP coverage = $14,100

The maximum out-of-pocket limit will increase by $50 for single-only HDHP coverage and by $100 for family HDHP coverage from 2021 to 2022.

Annual HSA Contribution Limit

• Single-only HDHP coverage = $3,650

• Family HDHP coverage = $7,300

• Catch-up contribution (age 55 and older) = $1,000

The annual contribution limit will increase by $50 for those with single-only HDHP coverage and by $100 for those with family HDHP coverage from 2021 to 2022. The catch-up contribution does not adjust for inflation and will remain at $1,000.

Rev. Proc. 2021-25 also indicates the maximum reimbursement limit for an Excepted Benefit Health Reimbursement Arrangement (EBHRA) will remain unchanged at $1,800 for plan years beginning in 2022.