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Change to 2018 HSA Family Contribution Limit

Today the IRS released a bulletin that includes a change impacting contributions to Health Savings Accounts (HSAs).

• The family maximum HSA contribution limit has decreased from $6,900 to $6,850.
• This change is effective January 1, 2018 and for the entire 2018 calendar year.
• The self-only maximum HSA contribution limit has not changed.
• This means that current 2018 HSA contribution limits are $3,450 (self-only) and $6,850 (family).

Why is the change happening so abruptly?

The IRS continues to make adjustments to accommodate the new tax law that passed at the end of 2017. Tax reform updates require the IRS to implement a modified method of calculating inflation-adjusted or cost-of-living-adjusted limits for 2018. The IRS is now using a different index (Chained Consumer Price Index for All Urban Consumers) to calculate benefit-related inflationary adjustments.

Typically, the IRS adjusts the HSA limits for inflation on an annual basis about six months before the start of the impacted year. For example, the IRS established the 2018 limits in May 2017. Today’s bulletin supersedes those limits.

Next Steps

The new family maximum contribution affects all SimplyHSA plans and certain BESTflexSM Plans that are offered alongside an HSA benefit. Flexible spending and commuter plan limits are not affected by this IRS bulletin.

We will continue to work with industry groups to monitor and evaluate future IRS activity.

Rest assured, there is ample time to make any necessary adjustments due to the fact that HSA contributions are calculated on a calendar year basis. We will work to help you manage next steps and options for ensuring HSA compliance.

• IRS Bulletin IRB 2018-10, March 5, 2018
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Feb. 8, 2017
Wellmark commits to re-entering the ACA market in Iowa in 2019

Wellmark Blue Cross and Blue Shield of Iowa has an 80-year history of providing individual and family health insurance plans for Iowans. Last year, we worked closely with the State of Iowa to pursue an innovative attempt to address the challenges of the Affordable Care Act (ACA) segment of the individual market through the Iowa Stopgap Measure. Although federal law was not flexible enough to provide the relief needed to implement the Measure, we remain committed to finding a solution.

Therefore, today we are announcing several options to provide individual and family coverage in Iowa. Our members, our agents, and most recently Governor Kim Reynolds and Iowa Insurance Commissioner Doug Ommen, have asked Wellmark to offer individual and family coverage in this market.

To that end, we will offer fully ACA-compliant products on the public exchange for 2019, assuming there aren’t any significant changes to the Affordable Care Act. We will also explore offering additional options outside of the ACA for Iowans, if state and federal rules allow us to do so.

While there is no singular solution to stabilize the entire individual market in 2019, Wellmark will seek to offer options that provide more choice and affordability to Iowans than they have today. Wellmark believes the individual market can be functional once again. We pledge to continue working with state and federal officials, business partners, and other stakeholders to find a solution for all Iowans in the individual and family insurance market.
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Mission Statement

Providing solutions and expertise in healthcare coverage and employee benefits for our clients. To provide these services and products to meet the individual needs of our clients and their best interests, not ours. With this attitude AMGI hopes to achieve a partnership philosophy with our clients and partners.




AMGI is an independent benefits consulting group that uses a variety of carriers to assure our clients get the appropriate program to meet their needs.

AMGI provides expertise in both state and federal laws ensuring that your plan remains in compliance with local and federal issues.

AMGI uses advanced computer automation which aids our ability to serve our clients in a fast, cost effective manner.

AMGI provides expertise in the Medicare Market, providing assistance with Medicare, Medicare Advantage Plans, Supplement Programs and the various options under the New Medicare Prescription Drug benefit, Part D. Whether your needs are for your employees, yourself or protection of your family, AMGI can help!

AMGI specializes in helping association members fulfill their benefit needs. We work closely with the business, it's employees and the association in benefit placement, tracking, and claims assistance when needed. 


Jesse Patton (2nd from left) discusses healthcare with President Bush.
This was at the National Institute of Health in Bethesda, MD on January 26, 2005.




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