The IRS has released the inflation-adjusted Health Savings Account contribution limits and High-Deductible Health Plan requirements for the 2027 calendar year.
These annual updates give employers and their benefits partners important figures to consider as they begin planning for future renewals, reviewing plan designs, and preparing employee communications.
For 2027, individuals with self-only coverage will be able to contribute up to $4,500 to an HSA. The contribution limit for individuals with family coverage will increase to $9,000. To contribute to an HSA, an individual must be enrolled in an HSA-qualified High-Deductible Health Plan and meet applicable eligibility requirements.
The IRS also announced the deductible and out-of-pocket requirements health plans must meet to qualify as an HDHP in 2027.
For self-only coverage, a plan must have an annual deductible of at least $1,750. Annual out-of-pocket expenses cannot exceed $8,700.
For family coverage, the minimum annual deductible will be $3,500, while annual out-of-pocket expenses cannot exceed $17,400.
These expenses may include deductibles, copayments, and other eligible costs, but they do not include premiums. Employers and their benefits partners can review the complete figures in the official IRS announcement.
Employers do not need to make immediate changes, but the newly released limits can help guide upcoming plan design and budgeting conversations.
As 2027 planning approaches, employers and brokers should review HSA-qualified plans to confirm they meet the updated federal requirements. Updates to payroll systems, enrollment materials, and employee communications may also be necessary before the new limits take effect. Early preparation can help benefits teams manage the transition and give employees time to understand how the updated limits may impact their contributions.
Concierge will continue to monitor benefits guidance and share updates to help employers and their partners stay informed.