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Individual medical insurance in an HRA
originally posted: 11/22/2006
reposted: 2/18/2011 This post has not
been recently reviewed or revised by the author and may be out of date.
If you notice an error or are in doubt, please send a new question by
email or ask for an update. Email asktony@tonynovak.com.
Q: Can an employer group offer an
HRA to employee’s to pay for their individual hsa or standard
individual plan premiums? I know you can pay Medicare part A, B and LTC
from HRA benefits, but I’m not clear on individual coverage. Also, has
the IRS included Medicare part D ?
A: Yes, the inclusion of
reimbursements for lower cost individual medical insurance is one of
the most popular benefits of Health Reimbursement Arrangements (HRAs).
There is little written about the treatment of Medicare Part D tax
treatment so far, but it seems safe to presume that tax treatment will
be the same as for other parts of Medicare.
Summary
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