In accordance with the Affordable Care Act (ACA), below are the 2017 updates to the annual maximum out-of-pocket (OOP) amounts:
2016
Maximum OOP
2017
Maximum OOP
Individual (self-only coverage)
$6,850
$7,150
Family (other than self-only coverage)
$13,700
$14,300
Qualified High-Deductible Health Plans (QHDHP)
The IRS has released updates to the definition of a qualified high-deductible health plan (QHDHP). The below table reflects the criteria for a QHDHP in 2017 as compared to 2016:
2016
2017
QHDHP minimum deductibles
Individual: $1,300
Family: $2,600
Individual: $1,300
Family: $2,600
HDHP OOP amounts
Individual: $6,550
Family: $13,100
Individual: $6,550
Family: $13,100
HSA contribution limits (employer + employee)
Individual: $3,350
Family: $6,750
Individual: $3,400
Family: $6,750
HSA catch-up contributions (age 55 or older)*
$1,000
$1,000
*Catch-up contributions can be made anytime during the year in which the HSA participant turns 55.
An individual's OOP maximum may not exceed the self-only OOP limit for individuals enrolled for family coverage.
