Q&A | Diabetes Supplies & HSAs

Q: Can a self-insured plan offer diabetes supplies at no cost and with no deductible on qualified high deductible health plans (HDHPs) per the IRS regulations for health savings accounts (HSAs)?

A: Insulin is considered preventative and can be provided under an HDHP prior to satisfying the deductible. In addition, any dosage form (e.g., vial, pump, inhaler) of any different type of insulin is permitted. The IRS also expanded the types of acceptable insulin products to include continuous glucose monitors for people with diagnosed diabetes. IRS Notice 2019-45 includes some additional preventative care drugs permitted for people with diabetes.

_{SOURCE: United Benefit Advisors (UBA)}

As a United Benefit Advisors® (UBA) Partner Firm, Strategic Services Group (SSG) provides Answers to the ‘Question of the Month’ which are provided by Kutak Rock. Kutak Rock provides general compliance guidance through the UBA Compliance Help Desk, which does not constitute legal advice or create an attorney-client relationship. Please consult your legal advisor for specific legal advice.