Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can individuals use money out of an HSA account to pay for the premium?

April 26, 2017account HSA individuals money pay Premium

0

Posted

Can individuals use money out of an HSA account to pay for the premium?

1 Answer

0

Posted

Yes. Deductible health insurance premiums (other than for a Medicare Supplemental policy) for an account holder who is age 65 or older can be paid or reimbursed through an HSA on a tax-free basis, including medical premiums for an employer’s insured or selfinsured retiree health coverage.