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Does a “Health Savings Account” qualify as a “plan”?

April 26, 2017health savings account Plan qualify savings account

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Does a “Health Savings Account” qualify as a “plan”?

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In order for an employer to offer a “Health Savings Account”, they must also offer an IRS qualified High Deductible Health Plan. Provided the high deductible plan has both hospital and physician coverage AND the employer contributes into the HSA, it would be a qualifying plan.