Annual cost sharing limit – expect carriers to raise the limit on how much a patient would be required to pay – the new maximum allowed has been raised from $7,150 in 2017 to $7,350 and now a very high $7,900 for the new calendar year 2019. For a High Deductible Health Plan (HDHP) which is the underlying requirement for setting up a Health Savings Account, however, the number is “only” $6,750.
The maximum HSA contribution allowed has been raised from $3,450 (single) and $6,900 (family) in 2017 to $3,500 and $7,000 respectively.
The penalty for not offering coverage to 95% of employees is now $2,500
The penalty for not offering affordable coverage to employees is $3,750
The affordability threshold is raised from 9.56% to 9.86% of W-2 wages for testing purposes