Back to Menu
    The Vault lock icon
    Level 2
    Classified Full Access

    For the business owner ready to implement key strategies and concepts with the right guidance and support.

    High Deductible Health Plans to Cover Coronavirus Testing
    The Vault

    High Deductible Health Plans to Cover Coronavirus Testing

    March 2020

    The IRS has announced that high-deductible health plans can pay for COVID-19 (coronavirus) -related testing and treatment without jeopardizing their status. This also means that individuals with health savings account (HSA)-eligible, high-deductible health plans that cover these costs may continue to contribute to an HSA.

    IRS Notice 2020-15 states that health plans that otherwise qualify as high-deductible health plans (HDHPs) will not lose that status because they cover the cost of testing for or treatment of COVID-19 before plan deductibles are met. Vaccination costs continue to count as preventive care and can be paid for by an HDHP.

    Also, many insurance companies have agreed to waive co-pays for testing.

    The notice is in response to growing concerns about the virus and the associated expenses. 


    You may also be interested in

    Stay connected

    Sign up for our updates.

    We have a pretty great podcast & insights that dig into issues you really care about.