• Questions
  • Is it possible to attach an HSA to a current health insurance policy or do you...
Storytellersrus profile image 94

Is it possible to attach an HSA to a current health insurance policy or do you have to buy a particular plan to get these benefits?

asked by Storytellersrus 13 months ago

flag

johnkarnold profile image

johnkarnold says

This is a good question. HSA, health savings accounts are considered qualified plans. The way these must be done is you must have a HSA qualified high deductible health insurance plan. This could be an individual HSA health insurance or group health insurance. Either way it has to be a qualified plan. So, the short answer is No you cannot just add a health saving account to any health insurance plan you might have.

 |  (+2)
toufiqlakhani profile image

toufiqlakhani says

if it fulfills the conditions HSA, you need a particular plan for these benefit

 |  (+1)
CorinneM profile image

CorinneM says

The health plan has to meet the requirements for an HSA - primarily to be be a high deductible plan.

If the plan you have is not HSA compatible, you may be able to change your plan with no additional medical requirements to one that is. That is what we did. For us, the deductible stayed the same ($3500) but the premium is less.

 |  (+2)

You can vote each answer up or down to show your support or disapproval. You cannot flag an answer, but if an answer receives enough down votes compared to up votes, then it will become hidden.

Ask A Question

working