Premiums are not usually considered to be qualified medical expenses. There are a few exceptions: 1. long-term care insurance – check out IRS publication 502. 2. health care continuation (e.g., COBRA premiums). 3. coverage when receiving federal or state unemployment benefits. 4. Medicare premiums (Part A and Part B) and other healthcare coverage if you are 65 or older (other than premiums for a Medicare supplemental policy, such as Medigap). #2 and #3 can be applied to a spouse and/or dependents.
Articles in this section
- What is an HSA?
- How Does an HSA Work?
- What are the benefits of an HSA?
- What are the requirements of an HSA? Am I eligible?
- What designates a qualifying High Deductible Health Plan?
- Do I have to get an HSA if I am on a High Deductible Health Plan?
- How does money get into my HSA account?
- How can I get an HSA?
- If I have a family, can I still have an HSA?
- Can I have a joint-HSA with my spouse?