Easier Reimbursement for Medical Costs from Health Savings Accounts (HSA)
New rules allow medical expenses to be covered by an HSA even if incurred up to 60 days before the account was established. This provides greater flexibility and potential savings for individuals who recently started using high-deductible health plans.
Key points
Ability to reimburse medical expenses from an HSA for costs incurred up to 60 days before account establishment.
This change applies to individuals covered by a high-deductible health plan (HDHP) after December 31, 2023.
Simplifies health finance management by allowing earlier expense reconciliation.
Expired
Citizen Poll