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IRS HDHP-HSA Plans May Cover Coronavirus Costs as Preventive Care

AssuredPartners

{"ops":[{"insert":"Today, in "},{"attributes":{"link":"[link] Notice 2020-15"},{"insert":", the Internal Revenue Service advised that HDHPs (High-Deductible Health Plans) can pay for 2019 Novel Coronavirus (COVID-19)-related testing and treatment, without jeopardizing their status.

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Creating the “Urgent Care First” Mindset for Employee Benefits

Corporate Synergies

From 2009 to 2016 (the most recent data available), the average amount that hospitals billed insurance carriers for an emergency room visit more than doubled, from $600 to $1,322. © 2019 Corporate Synergies Group, LLC. The cost to the employer (and often the employee) is often far less than the ER.