Can I use my health savings account to pay for dental insurance premiums?

Forum|Forum|7 years ago
June 3, 2019
3 replies
21 views

I am age 58, retired and buy my own obamacare health insurance.

Best answer by AnnetteB6

Expert Reviewed

No, according to the IRS, funds from your Health Savings Account (HSA) may not be used to pay insurance premiums unless they meet the qualifications shown below:

Insurance premiums.   You can’t treat insurance premiums as qualified medical expenses unless the premiums are for:

1.       Long-term care insurance.

2.       Health care continuation coverage (such as coverage under COBRA).

3.       Health care coverage while receiving unemployment compensation under federal or state law.

4.       Medicare and other health care coverage if you were 65 or older (other than premiums for a Medicare supplemental policy, such as Medigap).

Here is the link to the IRS document:

https://www.irs.gov/publications/p969/ar02.html#en_US_2016_publink1000204081

AnnetteB6Answer

Level 15

Expert Reviewed

No, according to the IRS, funds from your Health Savings Account (HSA) may not be used to pay insurance premiums unless they meet the qualifications shown below:

Insurance premiums.   You can’t treat insurance premiums as qualified medical expenses unless the premiums are for:

1.       Long-term care insurance.

2.       Health care continuation coverage (such as coverage under COBRA).

3.       Health care coverage while receiving unemployment compensation under federal or state law.

4.       Medicare and other health care coverage if you were 65 or older (other than premiums for a Medicare supplemental policy, such as Medigap).

Here is the link to the IRS document:

https://www.irs.gov/publications/p969/ar02.html#en_US_2016_publink1000204081

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Luffing

Level 2

For a person under 65, if the dental insurance premiums are part of COBRA coverage, can HSA funds be used to pay the premiums allocable to the dental portion of the COBRA coverage?