irsEvery year the IRS provides new inflation-adjusted limits for qualifying for health savings account (HSA) contributions, deductibles, and out-of-pocket maximums. For 2010 the adjustments are fairly consistent with previous years. Maximum HSA contributions will reset to $3,050 for individuals and $6,159 for families. Minimum deductibles for HSA-eligible insurance plans will be set at $1,200 for individuals, and $2,400 for families. Finally, out-of-pocket maximums for these policies will be set at $5,950 for individuals and $11,900 for families. The catch-up contribution allowance for those 55 and older will remain at $1,000, the same as 2009.

Meanwhile, the popularity of HSAs and their associated high deductible HSA eligible health plans continues to grow rapidly. Between January 2008 and January 2009, the number of people covered by such plans increased 31 percent to eight million. California led all other states with 854,000 enrollees.