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Did You Know? HSAs and COBRA

Did You Know? HSAs and COBRA

Sep 3, 2019, < 1 Minute Read

A COBRA Qualified Beneficiary may still contribute to an HSA account, as long as he or she is covered by a high-deductible health plan. The premiums for health care continuation under COBRA are considered an eligible medical expense, and payment of the premiums can be made using HSA funds.

Sterling Health Services Administration is an independent, privately held company that specializes in administering health savings accounts (HSAs), health reimbursement arrangements (HRAs), flexible benefit plans (FSAs and transportation benefits), premium only plans (POPs), and COBRA.

Sterling partners with the HSA Store, where HSA participants can save money and time when they shop for HSA-eligible products.

Questions?
Contact the small group experts at 800.696.4543 or info@claremontcompanies.com.