Question of the Week - Medicare and HSA

Posted by BAS - 02 January, 2025

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Q.- We have an employee who is age 66 and is enrolled in Medicare. Can she also participate in our HDHP with an HSA?

A.- If your employee is enrolled in Medicare, she will not be eligible to contribute to a health savings account.


Benefit Allocation Systems (BAS) provides best-in-class, online solutions for: Employee Benefits Enrollment; COBRA; Flexible Spending Accounts (FSAs); Health Reimbursement Accounts (HRAs); Leave of Absence Premium Billing (LOA); Affordable Care Act Record Keeping, Compliance & IRS Reporting (ACA); Group Insurance Premium Billing; Property & Casualty Premium Billing; and Payroll Integration.

MyEnroll360 can Integrate with any insurance carrier for enrollment eligibility management (e.g., Blue Cross, Blue Shield, Aetna, United Health Care, Kaiser, CIGNA and many others), and integrate with any payroll system for enrollment deduction management (e.g., Workday, ADP, Paylocity, PayCor, UKG, and many others).

Topics: Medicare, HR & Benefits, HR & Benefits News, Medical Plan


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