Media Coverage on IRS HSA Guidance
Treasury Expands Health Savings Account Benefits for Individuals Suffering from Chronic Conditions
U.S. Department of the Treasury
Today, the U.S. Department of the Treasury expanded preventive care benefits that may be provided by high deductible heath plans (HDHPs) for a range of chronic conditions.
Thune, Carper Applaud Release of Updated Treasury Guidance to Ensure Access to Critical Services and Drugs for Chronic Diseases
U.S. Senators Thune and Carper Joint Press Release
U.S. Sens. John Thune (R-S.D.) and Tom Carper (D-Del.) today applauded the U.S. Department of Treasury for expanding its preventive services safe harbor for health savings account-eligible high-deductible health plans (HDHPs) to cover certain chronic disease services and drugs on a pre-deductible basis.
Trump Administration Moves to Shift Patients' Chronic Illness Costs to Insurers
Wall Street Journal, Stephanie Armour
Millions of Americans in high-deductible health plans may find it easier to access insulin, inhalers and other treatments for chronic health problems under guidance released Wednesday by the Trump administration.
Health Insurance Idea Born at U-M Could Help Million of Americans Spend Less for the Care They Need Most
University of Michigan Institute for Healthcare Policy and Innovation
Multi-Stakeholder Coalition Applauds the Release of Updated U.S. Treasury Guidance to Ensure Access to Critical Services and Drugs for the Chronically Ill
Smarter Health Care Coalition
Today, Treasury Secretary Steven Mnuchin issued guidance to expand the scope of the preventive services safe harbor for health savings account-eligible (HSA-eligible) high-deductible health plans (HDHPs) to cover certain chronic disease services and drugs on a pre-deductible basis.
Trump Administration Eases Access to Chronic Disease Treatment
Modern Healthcare, Shelby Livingston
The IRS on Wednesday issued guidance that makes it easier for patients enrolled in high-deductible health plans to get coverage for medications and drugs to treat chronic illness, including asthma, congestive heart failure and diabetes.
New IRS Rule Opens Up Preventive Care Coverage for Chronic Disease by High-Deductible Health Plans
MedCity News, Kevin Truong
A rule issued by the Internal Revenue Service opens up the ability for high deductible health plans (HDHP) to cover preventive services and medications prior to meeting the plan deductible.
Treasury Expands Preventive Care Benefits for High-Deductible Plans
Health Leaders, John Commins
In prior guidance, the Internal Revenue Service and the Treasury have not included preventative care for services or benefits meant to treat an existing condition.
IRS Expands HSA Safe Harbor for Preventive Services Per Recent EO
Inside Health Policy, Amy Lotven
Wednesday (July 17) issued guidance listing 14 preventive drugs and services used for common chronic conditions — including insulin, statins and beta-blockers — that now can be covered pre-deductible by health plans linked to health savings accounts (HSAs), responding quickly to President Trump’s June 24 executive order that directed the department explore the change.
Chronic Disease Patients Can Now Use HSA Dollars to Pay for Medication
Employee Benefit News, Kayla Webster
Employees can now use their HSA dollars to pay for life saving drugs after new rules from the IRS and Treasury Department determined chronic disease medications qualify as preventive care under high deductible health plans.
Health Insurers May Cover Statins, SSRIs, Inhalers and More at 100% Under Trump HDHP-HSA Notice
Forbes, Ashlea Ebeling
In a win for the health savings account industry and consumers with certain chronic illnesses, the Trump Treasury Department has broadened the list of preventative care items that may be covered at 100% under a high-deductible health plan before the deductible kicks in. But whether insurers will absorb the new costs or pass them on to employers and consumers in premium increases is a big unknown.
IRS Notice, Newly Introduced Medicare Legislation Work to Expand Benefits of Health Savings Accounts for Millions of Americans
HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest independent health savings account (HSA) non-bank custodian, participated in drafting legislation announced today that along with a new IRS notice, will expand the benefits of HSAs and help millions of Americans pay for expenses in retirement.