I don't generally use healthcare. If something breaks or stops working, I get assistance via the emergency room. My wife is deceased. My youngest child is about to get his own healthcare. This year I decided to switch to a High Deductible Healthcare Plan and open a Healthcare Savings Account. HDHP went into effect the first of the year. On March 14th, I fully funded the HSA ($8300). I expect to use the account to pay my deductible and other expenses like dental. I found Publication 502 which I believe lists covered expenses for the HSA. I have just a few expenses this year...
OPTUMRX, April 05, 2022, $883.01
OPTUMRX, March 18, 2022, $2.62
DENTALCARE, March 15, 2022, $50.00 (date of 2/5/22)
MASS GENERAL, February 04, 2022, $798.94 (date of service 12/23/21 and 12/28/21)
Does date of service or date of billing determine whether cost of a service can be reimbursed from my HSA? Can charges incurred prior to the creation of the HSA be reimbursed? What kind of documentation do I need to keep as evidence of eligibility?
Also, my company's HDHP is not 'creditable'. My understanding is that people who delay Medicare past 65 who do not have creditable coverage face penalties when they enroll in Medicare. Should I switch to a creditable plan the year before enrolling or enroll on the first day of eligibility?
