does anyone know if you can pay your health insurance premiums with a health savings account ?? therefore it can be deducted ??? my new insurance plans is HSA approved
I have had a HSA and a HDHP (high deductible health plan) for the last 8 years.
To the best of my knowledge premiums can not be paid out of the HSA only approved medical expenses. My former employer did however deduct my portion of the premium pre-tax.
I am patiently sitting back waiting for the GOP health plan as they unravel the ACA.
It's going to be a fun show to watch if the HSA is their answer. OK type insurance for a young person but penalizes anyone with a continuous health issue.