HSA Contributions Could Rise

blood-pressureRepublicans in the House have proposed H.R. 1270, and bundled it with H.R. 5445, which would increase the maximum annual deductible HSA contribution to $7,800 for individuals and $15,000 for a family. These increases are from current levels of $3,350 for individuals and $6,750 for families, respectively.

Members of the House Rules Committee were prepared to vote on the procedures for bringing the package to the House floor this week. The Congressional Budget Office has estimated that the increases would cost the federal government more than $20 billion in revenue over a 10-year period. President Obama has expressed opposition to the effort, saying that it would only help higher income individuals.