Can I have an HSA on an extra health plan?

  • by radio2331
  • Mar 20,2018
  • 6 answers

I just got a new job. I have been on my wife's health insurance plan which is non-HDHP. We have an FSA established.
The health plans available at my work are HDHP with an option for an HSA. The cheapest plans costs $.39/wk for $2k deductible.
Question is, can I be on my wife's insurance and sign up for one at my work and have an HSA all at the same time?
If not, is there any way I could be dropped from her health plan so i can sign up for mine here at work?


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Insurance Answers (6)

Beverly S 3 months ago

Since it's a new job this is considered a change in circumstance which allows you to go from your wife's plan to your own. In fact you may be required to since some spousal policies will only cover the spouse if the spouse can't get their own through their own job. Not sure on the rest of you question sorry.

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H. Marie 3 months ago

go to www.irs.gov and find the publication at that site that deals with HSA's, the eligibility and requirements will be listed, ie if you are already covered with adequate coverage

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StephenWeinstein 3 months ago

No. You can have the HDHP, but no the optional HSA.
To qualify for an HSA, the HDHP must be your ONLY health insurance plan. You cannot be on her insurance and you cannot be covered by an FSA.

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C 3 months ago

To have a HSA, you must be enrolled in a HDHP, and nothing more. If you're using any other insurance, you don't qualify.
I imagine if your wife stops paying the premium for you, her insurance will drop you rather quickly. I would make sure you are able to enroll in your employer's plan, first. Open enrollment may only be around the anniversary of your hire date.

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A Hunch 3 months ago

To contribute to an HSA, the HDHP plan can be the only plan in effect.
It usually doesn't make sense to have dual coverage anyways.
Gaining insurance through your employer is a life event for your wife's coverage. As long as you notify the company without 30 days of the effective date, you will be dropped from your wife's plan. Your wife needs to check with her employer to determine if she has to wait for you to actually have coverage or solely that you have enrolled and waiting for an effective date it enough.
- prior to the ACA, adding or changing coverage of dependents was not a life event. I think this might be way the other respondents don't think its possible.

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Insurance Pickle.com 3 months ago

1) As others have said, you can only have one plan to make a deposit or have your employer do so.
2) Signing up for new employer sponsored coverage is a life event that would allow your wife to drop you from her plan. Find out from her employer what they need for proof and timeframes just so the process is clear.

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