HDHPs Can Provide No Cost COVID-19 Testing and Treatment

Stoel Rives - World of Employment
Contact

Stoel Rives - World of Employment

Washington Health Benefit Exchange Announces Special Enrollment Period

Today, the IRS issued Notice 2020-15 clarifying that high-deductible health plans (HDHPs) may provide benefits associated with testing and treatment of COVID-19 (commonly referred to as coronavirus) without application of a deductible or cost-sharing. Doing so will not impact a plan’s status as a HDHP or a participant’s eligibility to contribute to a health savings account (HSA) under the Internal Revenue Code.

The IRS cited the unprecedented public health emergency posed by COVID-19, and the need to eliminate potential administrative and financial barriers to testing for and treatment of COVID-19, as the reason for the clarification.

In response to the pandemic, the Washington Health Benefit Exchange has announced a special enrollment period allowing qualified uninsured Washington residents to purchase individual health insurance. This enrollment period, which runs through April 9, 2020, may be of interest to employees and their dependents who are not eligible for or enrolled in employer-sponsored health plans, such as part-time employees.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Stoel Rives - World of Employment | Attorney Advertising

Written by:

Stoel Rives - World of Employment
Contact
more
less

Stoel Rives - World of Employment on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.