Generally, any individual with qualifying High Deductible Health
Plan coverage is eligible as long as the individual does not have any
other disqualifying health coverage.
* Disqualifying coverage
is any coverage under a non-HDHP that provides coverage for any
benefit covered by the HDHP. Any other non-HDHP health coverage would
disqualify an otherwise eligible individual unless it constitutes
preventive care, certain permitted coverage, or certain permitted
insurance.
Who is not eligible?
There are some individuals who are not eligible even if they do
have a High Deductible Health Plan. These individuals include:
Individuals claimed as a tax dependent
An individual who can be claimed as a tax dependent
of another individual under IRC Section 151 or IRC Section 152 is not
an eligible individual for Health Savings Account purposes.
Individuals entitled to Medicare
"Entitled" means both eligible
and enrolled in Medicare.
An individual who has a spouse with non qualified HDHP coverage that covers the
employee (i.e. Family coverage, Employee and Spouse coverage).