Call Us 239.542.7101 ☰ ˟
239.542.7101
Logo
  • Home
  • What We Offer
    • Business Insurance
    • Workers Compensation
    • Liability Insurance
    • Bonds
    • Commercial Auto Insurance
    • Employee Benefits
    • Business Life & Disability
    • Life Insurance
    • Personal Insurance
    • Specialty Programs
    • HR Support
  • Client Services
    • Client Services
    • Make a Payment
  • News & Information
    • Newsletters & Alerts
    • Disaster Relief Links
    • Safety Resources
    • Helpful Links
  • Blog
  • About Us
    • About Premier Insurance
    • Testimonials
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Home > Blog > IRS: High-deductible health plans can cover Coronavirus costs
THURSDAY, MARCH 12, 2020

IRS: High-deductible health plans can cover Coronavirus costs

IRS: High-deductible health plans can cover Coronavirus costs

IR-2020-54, March 11, 2020

WASHINGTON — The Internal Revenue Service today advised that high-deductible health plans (HDHPs) can pay for 2019 Novel Coronavirus (COVID-19)-related testing and treatment, without jeopardizing their status. This also means that an individual with an HDHP that covers these costs may continue to contribute to a health savings account (HSA).

In Notice 2020-15 (PDF), posted today on IRS.gov, the IRS said that health plans that otherwise qualify as HDHPs will not lose that status merely because they cover the cost of testing for or treatment of COVID-19 before plan deductibles have been met. The IRS also noted that, as in the past, any vaccination costs continue to count as preventive care and can be paid for by an HDHP.

Today's notice applies only to HSA-eligible HDHPs. Employees and other taxpayers in any other type of health plan with specific questions about their own plan and what it covers should contact their plan.

Posted 9:07 AM

Tags: corona virus, covid19, hsa rules, employee benefits, hsa
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013

  • employee benefits(106)
  • business insurance(99)
  • fort myers insurance(80)
  • insurance(72)
  • fort myers business insurance(55)
  • cape coral insurance(45)
  • cape coral(42)
  • fort myers(42)
  • workers comp(41)
  • wellness(38)
  • business(32)
  • health insurance(32)
  • covid-19(28)
  • motivational monday(22)
  • workers compensation(21)
  • wellness wednesday(21)
  • coronavirus(19)
  • health(19)
  • group health(16)
  • fort myers employee benefits(16)
  • commercial insurance(15)
  • hr(13)
  • cape coral business insurance(11)
  • group insurance(10)
  • group benefits(9)
  • liability(9)
  • cape coral employee benefits(8)
  • life insurance(8)
  • fort myers workers compensation insurance(8)
  • funny friday(8)
  • workers compensation insurance(8)
  • corona virus(7)
  • cyber security(7)
  • general liability(7)
  • osha(7)
  • group health insurance(6)
  • health insurance fort myers(6)
  • auto insurance(6)
  • epli(6)
  • benefits(6)
  • employee benefits design(6)
  • hurricane(5)
  • cyber liability(5)
  • business insurnace(4)
  • hurricane season(4)
  • lee county business insurance(4)
  • compliance(4)
  • florida(4)
  • hurricane preparedness(4)
  • aca(3)

View Mobile Version
Logo
Quick Links
Home Business Insurance Personal Lines Make A Payment Report a Claim About Premier
Refer A Friend Our Carriers Blog Disaster & Safety Resources Helpful Links Contact Us
Location
1326 Cape Coral Parkway E
Suite 1
Cape Coral, FL 33904

P: 239.542.7101
F: 239.542.0693
Social Social Social Social
© Copyright. All rights reserved.
Powered by Insurance Website Builder