Do I Have to Have a HDHP to Deposit Into an HSA?

Health Savings Accounts (HSAs) are a great way to save for medical expenses while enjoying tax benefits. One common question that arises is whether you must have a High Deductible Health Plan (HDHP) to deposit into an HSA. The short answer is yes, you need to be enrolled in an HDHP to contribute to an HSA.

Under IRS rules, to qualify for an HSA, you must meet the following criteria:

  • Be covered by an HDHP
  • Not be claimed as a dependent on someone else's tax return
  • Not be enrolled in Medicare
  • Not have other health coverage that is not an HDHP

If you meet these requirements, you are eligible to contribute to an HSA. Contributions to an HSA can be made by you, your employer, or both. The total annual contribution limit is set by the IRS and may vary each year.

It's important to note that even if you no longer have an HDHP, you can still use the funds in your HSA for qualified medical expenses. However, you cannot make further contributions to the account until you are enrolled in an HDHP again.


When it comes to Health Savings Accounts (HSAs), many people wonder about the necessity of a High Deductible Health Plan (HDHP). To make contributions to an HSA, enrollment in an HDHP is indeed a prerequisite. This specific requirement plays a significant role in ensuring tax benefits for medical expenses are properly utilized.

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