Can I Use My HSA to Pay for Medical Bills in Collections?

One common question people have about Health Savings Accounts (HSAs) is whether they can use them to pay for medical bills that are in collections.

Typically, you can use your HSA to pay for qualified medical expenses, including those that may be in collections.

However, it's important to note that the IRS has specific rules about what expenses are considered eligible for HSA funds.

If the medical bill in collections is for a qualified medical expense, then you should be able to use your HSA to pay for it.

It's a good idea to check with your healthcare provider or a tax professional to ensure that the expense is indeed eligible.

It's a common concern for many—can my Health Savings Account (HSA) cover medical bills that have gone into collections? The good news is, as long as those bills are for qualified medical expenses, your HSA may be used to pay them.