IRS Ruling Protects HSAs During Coronavirus Scare

Wondering if your high-deductible health plan will cover any care related to the new coronavirus? The IRS has some reassuring news. Health insurance that qualifies as a high-deductible health plan (HDHP) can pay for testing and treatment related to COVID-19 without jeopardizing a plan’s status as an HDHP, the federal agency announced Wednesday. It’s not the usual blah, blah, blah.

Original Article Posted at : https://www.moneytalksnews.com/irs-ruling-protects-hsa-contributions-during-coronavirus-scare/