Share to linkedinIn a win for the health savings account industry and consumers with certain chronic illnesses, the Trump Treasury Department has broadened the list of preventative care items that may be covered at 100% under a high-deductible health plan before the deductible kicks in. But whether insurers will absorb the new costs or pass them on to employers and consumers in premium increases is a big unknown.
The thinking is that more employers will move toward high-deductible health insurance plans, with accompanying health savings accounts—and more employees will choose them--if these plans cover more preventative services before the deductible. Before, if a plan included these preventative services, it wouldn’t be an HSA-eligible plan.
“It’s opening up HSAs to more people, on the face of it; that’s what we would expect,” says Shobin Uralil, cofounder of health savings account provider Lively. By opening and contributing to an HSA, consumers can pay for immediate or future health care expenses withThe notice “does not expand the scope of preventive care beyond the list.” So if you’re thinking, well, if SSRIs are covered, SNRIs should be covered, too--tough luck.
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