The following chart sets forth 2017 welfare plan limits set by the IRS, plus the out-of-pocket maximum limits set by the Health and Human Services (HHS), Treasury, and Labor Departments. Figures in red indicate an increase for 2017; figures in black indicate no change from 2016.

Please contact your Cheiron consultant if you have any questions about these or other limits and/or how they impact your plan.

Cheiron is an actuarial consulting firm that provides actuarial and consulting advice. However, we are neither attorneys nor accountants. Accordingly, we do not provide legal services or tax advice.

¹ The Health Savings Account (HSA) plan limits in this chart apply for individuals who also have coverage under a High Deductible Health Plan (HDHP) for the plan year.

² These HDHP limits apply for individuals who also have coverage under a HSA for the plan year.

³ Plans with a family OOP limits must apply the self-only OOP limit for each person enrolled in family coverage. This means that once a person covered under a family plan reaches the self-only OOP maximum, then all expenses above the self-only limit for covered essential health benefits expenses (EHBs) for that person must be reimbursed at 100%, even if the family OOP maximum has not been met.

⁴ This limit applies to salary reduction contributions to the health FSA. Non-elective employer contributions to the health FSA, such as a flat dollar contribution, employer match, or flex credits, will count against this limit only if the employee can elect to receive the employer contribution in cash or as a taxable benefit.

⁵ This limit is $2,500 if you are married and file a separate tax return.

⁶ These qualified transportation fringe benefits are excluded from an employee's gross income for income tax purposes and from an employee's wages for payroll tax purposes.