HSA Money & Your Insurance Premiums

Thursday, 07 April 2022

Hsa Money & Insurance Premium

Attention all HSA plan holders!


If you have an HSA, or a Health Savings Account, it’s important to know that you cannot use your HSA money to pay for your health insurance premiums.


We know this is a bummer but paying your premiums with your HSA dollars is a direct violation of IRS guidelines – and we want to save you the hassle of being bombarded with cease-and-desist letters!


There are, however, a list of IRS approved items that you can spend your HSA money on, and we recommend calling your local bank to obtain an updated list.


If you have any questions regarding your HSA account, give Clevenger Insurance a call today at 574-267-2181.

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