In this week's episode, we dive into the world of HSAs and telemedicine extensions. With the rise of the COVID-19 pandemic, telemedicine has become a vital tool in healthcare. However, there have been some questions about how it relates to HSAs and the laws surrounding them. We'll be discussing the gray area surrounding this topic and the recent changes made by the Cares Act to clarify the situation.
Together with Jessica Waltman, vice president of compliance at MZQ Consulting, we explore the ins and outs of HSAs and telemedicine and how they may affect you.
What You’ll Learn From This Episode:
1:26 Understanding the impact of the pandemic on telemedicine and HSAs.
3:55 Extension of HSA provision for telemedicine: What you need to know.
6:05 Risks of not paying for telemedicine treatment in HSA plans
10:22 The importance of group plans to have mental health parity.
14:31 The importance of a functional house of representatives in addressing current issues
17:08 Congress addresses issues with telemedicine and HSAs during the pandemic.
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