Health Savings Account and Second Payer Health Plan

May 08, 2008 1 Replies

I'm told by my HR that if I have a second payer with my company health plan, that I cannot participate in a High deductible health Plan nor make a before tax (tax free) contribution to a health Savings Plan, and that this is an IRS rule.



Anyone aware of this and can point me to the applicable IRS code section?



Thanks



Carl


wrote

If by "second payer" you mean a second health insurance policy, then they are correct. You can not have any other health plan (some exceptions apply though).

Probably Section 223. There are also several Regulations and Rulings in this area that give more guidance.

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