Historically these are released in May and will be communicated when available.Īlthough, it should be noted in the interim that if your plans offer both traditional and HDHP/HSA plans (that are not grandfathered), your plans are subject to both sets of requirements and you must ensure compliance with the lowest applicable out-of-pocket maximum. The 2023 HDHP/HSA limits have yet to be released by the IRS for 2023. High-deductible health plans (HDHPs) with Health Savings Accounts (HSAs) feature different limits than traditional plans, including OOP maxes, along with deductible and contribution limits. Here's a summary of the amounts for traditional plans for the 2022 / 2023 plan years for reference:

The 2023 limits will be raised to $9,100 for self-only coverage and $18,200 for family coverage, respectively. The current limits applicable to 2022 plan years is $8,700 for self-only coverage and $17,400 for family coverage. Under the Affordable Care Act (ACA), non-grandfathered health plans are required to comply with an overall annual limit on out-of-pocket expenses for essential health benefits, regardless of whether the plan is self-funded or fully insured. However, HHS has now promised to release the updated amounts “…by January of the year preceding the applicable benefit year…” Each year, these OOP maximums are adjusted for inflation. The Department of Health and Human Services (HHS) recently announced the proposed 2023 Benefit Parameters, outlining the maximum out-of-pocket (OOP) limits applicable to non-grandfathered plans for plan years beginning in 2023.

Out of pocket maximum