Insights

Coronavirus Testing

IRS Eliminates Barriers to Coronavirus Testing and Treatment for HSA Benefits

March 13, 2020

The IRS has issued guidance that eliminates barriers for testing and treatment of COVID-19 (coronavirus) for health savings account (HSA) participants under a high deductible health plan (HDHP) due to the current public health emergency. Notice 2020-15 states that individuals covered by an HDHP that provides testing and treatment of COVID-19 prior to the satisfaction…

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