New Article Clarifies Rules for HDHPs

A recent article by Buck Consultants, "HDHPs can cover ACA-mandated preventive care and be HSA
compatible" discusses recent guidance. The article states:

"The IRS recently released Notice 2013-57, which clarifies that a health plan will not fail to qualify as a high deductible health plan that is compatible with a health savings account simply because it covers the preventive health services required under the Affordable Care Act without imposing a deductible...

To be eligible to set up a health savings account (HSA), an individual must be covered under a high deductible health plan (HDHP) and have no other health coverage other than certain “permitted” coverage (e.g., dental and vision coverage). To qualify as an HDHP, a health plan must meet certain specific requirements, including that it pay no benefits for any year, other than benefits for preventive care services, until the deductible for that year is satisfied. IRS previously provided guidance on the types of services it considers to be preventive care for HDHP purposes, including a list of preventive care screenings."


To read the entire article, click here.