High Deductible Health Plans Can Cover Medical Costs for Coronavirus

On March 11, 2020, the IRS issued Notice 2020-15 that allows high deductible health plans (HDHPs) to pay for testing and treatment of the coronavirus (COVID-19) without jeopardizing their tax status. Consequently, an individual enrolled in an HDHP that covers these costs continues to be eligible to contribute to a health savings account (HSA). For … Continue reading High Deductible Health Plans Can Cover Medical Costs for Coronavirus