that with the passage of Obamacare, the maximum allowable amount for those accounts starting with the next enrollment period is now $2500, period.
I got into a HSA this year just to save myself some money..The new HSA $2500 limit is going to hurt me as my insurance does not kick in until I have paid $3000 out of pocket.
That’s what I did and have. Even after the first $2,500 I will have to pay 20% of all costs up to $10,000. I might as well buy another private insurance policy to cover tests and preventative care. I can’t figure out how any of this will benefit those of us who have worked our entire lives to have coverage. The costs of even the smallest biopsy are over $3,000. Can you imagine how much you can rack up in a short period of time while they try to figure out what you have? All this help for the middle class is BS. Just wait until the newly insured get a load of how little having insurance will cover. They’ll wish for the bad old days when they could free-load at the ER with all their hearts.