Law and Policy
Health, wealth and global news, views and analysis, written by Mercer legislative, regulatory and policy pros with practical insights for employers and benefit…
Mercer projects 2025 HSA, HDHP and excepted-benefit HRA figures
February 16, 2024
Mercer projects the 2025 inflation-adjusted amounts for health savings accounts (HSAs), high-deductible health plans (HDHPs) and excepted-benefit health reimbursement arrangements (HRAs) will all rise from 2024 levels. These unofficial 2025 amounts are determined using the Internal Revenue Code (IRC)’s cost-of-living adjustment methods, the US Bureau of Labor Statistics (BLS) published Chained Consumer Price Index for All Urban Consumers (C-CPI-U) values through January 2024, and Mercer’s projected C-CPI-U values for February and March.
The table below shows the projected HSA, HDHP and excepted-benefit HRA amounts for 2025, along with the 2024 and 2023 values for comparison. The HSA catch-up contribution limit is set by statute and hasn’t changed since 2009.
| HSA and HDHP limits | Projected 2025 | 2024 | 2023 |
|---|---|---|---|
HSA and HDHP limits Self-only coverage |
Projected 2025 |
2024 |
2023 |
HSA and HDHP limits Maximum tax-deductible/tax-free HSA contribution |
Projected 2025 $4,250 |
2024 $4,150 |
2023 $3,850 |
HSA and HDHP limits HDHP minimum annual deductible |
Projected 2025 1,650 |
2024 1600 |
2023 1500 |
HSA and HDHP limits HDHP in-network out-of-pocket maximum |
Projected 2025 8,250 or 8,300* |
2024 8,050 |
2023 7,500 |
HSA and HDHP limits Family coverage |
Projected 2025 |
2024 |
2023 |
HSA and HDHP limits Maximum tax-deductible/tax-free HSA contribution |
Projected 2025 8,550 |
2024 8,300 |
2023 7,750 |
HSA and HDHP limits HDHP minimum annual deductible |
Projected 2025 3,300 |
2024 3,200 |
2023 3,000 |
HSA and HDHP limits HDHP in-network out-of-pocket maximum |
Projected 2025 16,500 or 16,600* |
2024 16,100 |
2023 15,000 |
HSA and HDHP limits HSA catch-up contribution limit at age 55 or older |
Projected 2025 1,000 |
2024 1,000 |
2023 1,000 |
HSA and HDHP limits Excepted-benefit HRA limit |
Projected 2025 |
2024 |
2023 |
HSA and HDHP limits Maximum employer contribution |
Projected 2025 2,150 |
2024 2,100 |
2023 1,950 |
HSA and HDHP limits * Depending on actual inflation for February and March 2024, these limits may be $8,250/$16,500 or $8,300/$16,600. |
Projected 2025 |
2024 |
|
Affordable Care Act (ACA) out-of-pocket maximums are higher than projected amounts. In November 2023, the Centers for Medicare & Medicaid Services (CMS) announced the 2025 out-of-pocket maximums for nongrandfathered group health plans under the ACA — $9,200 for self-only and $18,400 for other coverages, down from the 2024 amounts of $9,450 and $18,900, respectively. This is the first time these limits have decreased year-over-year. However, the 2025 ACA amounts are still higher than the projected 2025 HDHP out-of-pocket maximums.
Related resources
Non-Mercer resources
- Publication 969, HSAs and other tax-favored health plans (IRS, annually updated)
- Premium adjustment percentage, maximum annual limitation on cost sharing, reduced maximum annual limitation on cost sharing and required contribution percentage for the 2025 benefit year (CMS, Nov. 15, 2023)
- Health savings accounts (Congressional Research Service, Aug. 8, 2022)
- Health reimbursement arrangements (HRAs): Overview and related history (Congressional Research Service, March 7, 2022)
- A comparison of tax-advantaged accounts for healthcare expenses (Congressional Research Service, May 3, 2021)
Mercer Law & Policy resources
- Summary of 2024 benefit-related cost-of-living adjustments (Feb. 8, 2024)
- 2024 quick benefit facts (Jan. 17, 2024)
- Top 10 health, leave benefit compliance and policy issues in 2024 see Section 10, Health savings account (HSA), health reimbursement arrangement (HRA) and health flexible spending arrangement (FSA) developments (Oct. 12, 2023)
- Two-year renewal of predeductible HDHP telehealth coverage now law (Jan. 11, 2023)
- Final rules ease restrictions on health reimbursement arrangements (June 14, 2019)
Other Mercer resources
- How to maximize HDHPs and HSAs to save costs, promote health and retain talent (March 17, 2022)
- Helping employees save smarter through HSAs (Feb. 10, 2022)
- To treat or to prevent? That is (still) the HSA question (Jan. 7, 2020)
- HSA vs. 401(k): Help your employees win the battle for account funding (Jan. 31, 2019)
About the author(s)
