IRS Announces Increased 2015 HSA Index Figures

On April 23, 2014, the IRS released the new Health Savings Account (HSA) index figures for 2015. The early release of the following year’s index dates back to 2011 and is intended to help plan sponsors and participants budget and plan for the upcoming year. The 2015 index includes modest increases from all 2014 levels. See the table below for details and the IRS Revenue Procedure publication (Rev. Proc. 2014-30) for the text of the 2015 index figures.

HRA Plans Still Great Option For Groups

HRA Plans continue to be a great options for employers the potential to save and/or control the cost of Employee Benefit dollars.

• Employers can still sponsor an HRA as long as;
  • the plan is a Bridge, Limited or Comprehensive plans are available as long a eligibility is tied to an ACA compliant group health insurance plan.
  • the plan is a Limited plans that cover Dental and Vision only expenses
  • Indemnity plans are OK (i.e. Hospital Indemnity)