Is a Short Term Plan HSA Eligible? All You Need to Know

Short term health insurance plans are not typically HSA eligible. These plans are intended for temporary coverage and do not meet the requirements set by the IRS for Health Savings Account (HSA) eligibility.

HSA eligibility is usually associated with high deductible health plans (HDHP) that meet specific criteria. If you're considering enrolling in a short term plan and want to contribute to an HSA, it's essential to understand the implications.

Short term health insurance plans are not typically considered HSA eligible. They are designed for limited duration coverage, which means they generally do not align with the IRS stipulations for HSAs.

To qualify for HSA contributions, your health insurance must generally be a high deductible health plan (HDHP) that adheres to strict IRS guidelines. If you are thinking about a short term plan, it’s crucial to grasp how this decision may impact your ability to save through an HSA.