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Posted

Forgive me if this seems simple but are contributions to Medicaid HSA's only coming from the State? Therefore, the indivdual would not receive any tax deduction, correct? Are there any tax implications for the individual when considering a Medicaid HSA versus a "regular" HSA? Thanks

Posted

I was not aware that more than just a few states had "Medicaid HSA" programs in place.

I doubt that someone qualifying for Medicaid would have any tax issues of any sort or be in a position to have to worry about the choice.

George D. Burns

Cost Reduction Strategies

Burns and Associates, Inc

www.costreductionstrategies.com(under construction)

www.employeebenefitsstrategies.com(under construction)

Posted

I figured that was the case but wanted to be sure. Thanks for the reply

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