Senior Vice President of eHealthInsurance Bob Hurley discusses HSA eligibility of high-deductible insurance plans.
Host: Are all high deductible plans HSA eligible? Bob Hurley: When you go shopping for an HSA eligible Health Insurance Plan, not all Health Insurance Plans are HSA eligible plans and so you really want to look for plans that somewhere in the title of the plan it says 'HSA eligible' or many of them will say 'HSA 100' or 'HSA 200.' In other words, the word HSA will be in the body of the plan either title or document. If you have any question though whatsoever about whether a plan is HSA eligible or not, pick up the phone and ask somebody. You do not want to get into a plan that's not eligible if that's the kind of vehicle that you are trying to set yourself up for. So pick up the phone, gives us a call, we will be happy to direct to specifically to the plans that are HSA eligible. In fact, on our website we have a whole section that is only HSA plans. You click on the tab at the top of the page and all you are going to see is HSA eligible plan. So obviously, our website makes it very convenient for you. But if you are shopping on your own and you don't know, absolutely pick up the phone and ask the question.
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