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Legislative News

Announcing 2017 Health Savings Account (HSA) Limits

The HSA contribution limit for individual coverage will increase for the 2017 calendar year. The HSA contribution limit for family coverage will stay the same. Below are the 2017 Internal Revenue Service (IRS) limits.

2017 HSA contribution limits
Individual: $3,400 ($50 increase from 2016)
Family: $6,750

Mileage rate for eligible medical visits changed to $.17 per mile

Effective January 1, 2017, the standard mileage rate (as set by the IRS) for the use of a car, van, pickup or panel truck for eligible medical visits will be $.17 per mile. The cost of fares for buses, taxis, trains and subways will continue to be reimbursable for the full amount.