My husband's company switched to HDHP near an HSA, but he's on my insurance lower than a relations PPO plan, in a minute what?
My company requires that at a life event a spouse must convey insurance through their employer if offered. My husband was forced to win insurance through his employer. It was a traditional plan at first, but contained by April his went to the HDHP/HSA. My employer open enrollment is immediately and I just realize that he is still covered by my plan. Doesn't this make him ineligble for the HSA? His company say that I would have to drop him. That just seems right. If he is not elegilbe for his employer plan, can't I just maintain him on mine as primary? Now I'm also wondering what legal or toll problems I might have incurred by using the HSA funds?
Answers:
For a simple sound out, you have a few complicated issues!
If your form plan was not a HSA qualified plan, he would not be considered "eligble" to contribute to a HSA below section 223 guidelines, if he be covered under his employer's HSA plan.
This mechanism that he can be covered under a HDHP/ HSA through his employer. However, he could not contribute to a Health Savings Account and rate for his or your expenses using pre-tax dollars.
I have never hear of a company forcing anyone to get insurance. In reality, most carriers will not cover a party if they already have coverage through another shipper.
You can keep him on your plan and his employer can not force him to enroll contained by the employer plan. If he opens a HSA and is not eligble, he would hold a tax cost plus taxes on the income if it was taken out pre-tax. If you own more questions, to dance our website at Great Lakes HSA. I will be happy to answer your question in more detail. Jim