Wagner Header

The Wagner Law Group Description 

The Wagner Law Group, A Professional Corporation, is a nationally recognized ERISA & employee benefits, estate planning, employment, labor & human resources practice. 


Established in 1996, The Wagner Law Group has 22 attorneys engaged exclusively in employee benefits, estate planning and employment law. Five of our attorneys are AV rated by Martindale-Hubbell as having very high to preeminent legal abilities and ethical standards. The firm is among the largest ERISA boutiques in the country. Our practice is national in scope, with clients in more than 40 states and several foreign countries.



Contact Info

The Wagner Law Group


  Integrity | Excellence


Massachusetts Office 

Tel: (617) 357-5200 

Fax: (617) 357-5250 

99 Summer Street 

13th Floor

Boston, MA 02110

Florida Office 

Tel: (561) 293-3590
Fax: (561) 293-3591
7108 Fairway Drive
Suite 125
Palm Beach Gardens, FL 33418


San Francisco Office

Tel: (415) 625-0002

Fax: (415) 358-8300

315 Montgomery Street

Suite 904

San Francisco, CA 94104





May 30, 2013 

 State and Federal Law Alert


HSA Limits Announced



The Internal Revenue Service has released the 2014 dollar limits for health savings account ("HSA") contributions, and the minimum deductible amounts and maximum out-of-pocket expenses for high deductible health plans ("HDHPs"). By law, these limits are indexed annually to adjust for inflation.


The 2014 limit on contributions to HSAs is $3,300 for a self-only HSA and $6,550 for a family HSA.


To qualify as a HDHP in 2014, a plan must have a minimum deductible of $1,250 for self-only coverage, and $2,500 for family coverage. The maximum out of pocket expenses permitted for a HDHP (including deductibles, co-payments and other amounts, but not premiums) is $6,350 for self-only coverage and $12,700 for a family.


Massachusetts' Individual Mandate to Continue into 2014


The Board of Directors of the Massachusetts Health Insurance Connector Authority voted to continue Massachusetts' individual health insurance mandate into 2014, even though the federal individual mandate takes effect that year. As a result, Massachusetts residents may be subject to both penalties.


In an effort to bring the state's individual mandate into alignment with PPACA, the Board approved the following changes to the minimum creditable coverage ("MCC") requirements under the state mandate, effective for plan years beginning on or after January 1, 2014: 

  • Plans must begin to cover essential health benefits as defined under PPACA. Currently, plans need only cover "a broad range of medical services."
  • A plan will satisfy the revised MCC requirements only if the in-network and prescription drug deductibles, when combined, satisfy the $2,000/individual and $4,000/family maximums. Plans currently cannot have deductibles for in-network services that exceed $2,000/$4,000 maximums, but they may also impose an additional prescription drug deductible of up to $250/$500.
  • Plans must begin to cover in-network preventive health services, as defined under PPACA, without a deductible. However, there is no exception for grandfathered plans, which are not required to comply with PPACA's preventive health service mandate.  

In certain situations, individuals will be subject to both the Massachusetts penalty for failure to have MCC and the federal penalty for failure to have minimum essential coverage. However, an individual who is liable for both penalties can offset the state penalty by the amount of the federal penalty, and if the federal penalty is greater than the state penalty, no payment will be due to the state.


This Newsletter is protected by copyright. Material appearing herein may be reproduced with appropriate credit.


Pursuant to Internal Revenue Service Circular 230, we hereby inform you that any advice set forth herein with respect to US federal tax issues is not intended or written by The Wagner Law Group to be used and cannot be used, by you or any taxpayer, for the purpose of avoiding penalties that may be imposed on you or any other person under the Internal Revenue Code.


This Newsletter is provided for information purposes by The Wagner Law Group to clients and others who may be interested in the subject matter, and may not be relied upon as specific legal advice.  This material is not to be construed as legal advice or legal opinions on specific facts. Under the Rules of the Supreme Judicial Court of Massachusetts, this material may be considered advertising.