Question 1

Can I contribute to an HSA even if I have other insurance that pays medical bills?

admin · Accepted Answer

You are only allowed to have dental, vision, disability and long-term care insurance at the same time as an HDHP. You may also have coverage for a specific disease or illness as long as it pays a specific dollar amount when the policy is triggered. Wellness programs offered by your employer are also permitted if they do not pay significant medical benefits.

Question 2

Can I contribute to an HSA even if I have other insurance that pays medical bills?

admin · Accepted Answer

You are only allowed to have dental, vision, disability and long-term care insurance at the same time as an HDHP. You may also have coverage for a specific disease or illness as long as it pays a specific dollar amount when the policy is triggered. Wellness programs offered by your employer are also permitted if they do not pay significant medical benefits.