Posted: 6/07/2007

The Internal Revenue Service ("IRS") announced the 2008 annual contribution limits for health savings accounts ("HSAs") and the minimum deductible and maximum out-of-pocket limits for accompanying high deductible health plans ("HDHPs") on May 11-- over two weeks ahead of the new statutory notice deadline of June 1. 

Please see the attached memo for the new figures and further discussion.

For more information on HSAs or on how to incorporate the changes into existing health plans contact Chris Keller, Bill Sweetnam, Brigen Winters or Heather Meade.