September 3, 2020

2021 Open Enrollment checklist


To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or after Jan. 1, 2021. Employers should review their plan documents to confirm they include these required changes.

In addition, any changes to a health plan’s benefits for the 2021 plan year should be communicated to plan participants through an updated summary plan description (SPD) or a summary of material modifications (SMM).

Health plan sponsors should also confirm that their open enrollment materials contain certain required participant notices, when applicable.

HSA Limits for 2021

The following health savings account (HSA) limits apply for 2021:

The HDHP minimum deductible for individuals is $1,400, and for families is $2,800. The HDHP out-of-pocket maximum for individuals is $7,000, and for families is $14,000.

The HSA maximum contribution for individuals is $3,600, and for families is $7,200.

See the full alert for a breakdown of limits from 2019 and 2020.

Draft Forms for 2020 ACA Reporting Released

The Internal Revenue Service (IRS) released draft 2020 forms for reporting under Internal Revenue Code (Code) Sections 6055 and 6056.

  • 2020 draft Forms 1094-B and 1095-B are draft versions of forms that will be used by providers of minimum essential coverage (MEC), including self-insured plan sponsors that are not ALEs, to report under Section 6055.
  • 2020 draft Forms 1094-C and 1095-C are draft versions of forms that will be used by applicable large employers (ALEs) to report under Sections 6056, as well as for combined Section 6055 and 6056 reporting by ALEs who sponsor self-insured plans.

Draft instructions for these forms have not yet been released.

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