May 30, 2018

IRS Addresses Complications with HSA and Male Sterilization/Contraceptives

By 2020, the IRS stated that in certain states where the state requires coverage of male sterilization or male contraceptives, men will not be able to contribute to an HSA. This is because the plans that cover these services won’t meet the definition of a High Deductible Health Plan (HDHP). For more information on male sterilization’s impact on HSAs, click on the link below.

https://www.uhc.com/employer/news/consultant/irs-allows-male-contraceptives-sterilization-coverage-as-a-preve

Want to know more? Start a conversation with us. 

Our mission is to help clients protect assets and enhance employee outcomes through the delivery of exceptional risk management and employee benefit consulting services and products.

Copyright © 2024 The Fedeli Group Powered by DevQ