Q: Can an employer-sponsored health plan cover the COVID-19 test without jeopardizing our employee’s health savings account eligibility AND without cost-sharing?
A: As COVID-19 tests become more widely available, this has become a frequent question.
Today the IRS issued new guidance allowing high deductible health plans to cover COVID-19 testing and treatment without cost-sharing and without jeopardizing the employee’s HSA eligibility.
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