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President Directs Agencies to Expand HSA and FSA Rules
Mintz [Guidance Overview] July 2, 2019 "[If] an individual has a chronic condition, an HSA-compatible HDHP cannot cover any treatments for that condition until the deductible is satisfied. Many HDHPs have deductibles significantly higher than the [current] minimums ... This expansion will likely modify the 'no other plan' rule to permit pre-deductible coverage of certain treatments for chronic conditions ... The Executive Order directs the Secretary of the Treasury, within 180 days of the date of the Executive Order, to increase [the FSA] $500 carryover allotment." |
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