Sentences with phrase «determining qualified medical expense»
Determining qualified medical expense is always the job of the HSA owner.
http://www.hsabenefitsconsulting.com/ Not exact matches
Contact your health plan representative to determine if your plan qualifies and what medical expenses are covered.
If, under the last - month rule, you are considered to be an eligible individual for the entire year for determining the contribution amount, only those expenses incurred after you actually establish your HSA are qualified medical expenses.
You can also only use your health savings to pay for qualified medical expenses, which are determined by your insurer.
Just as you have estimated your healthcare costs for determining your best option for health insurance during open enrollment, you'll want to figure out your best guess on your out - of - pocket medical expenses (and other qualifying expenses) during the next year.