Ira Hayes
Oct 22 2008, 10:37 AM
MDVIP is a Boca Raton, FL based firm which signs up physicians tired of having too many patients. Each physician takes on 600 patients who pay $1,500 to $4,000 depending on the locale. The "fee" guarantees patients timely access as well as a complete physical annually.
Is the MDVIP "fee" reimbursable federal income tax-free from an HSA?
Citation(s) please.
Thanks
leevena
Oct 22 2008, 03:23 PM
The IRS is very clear on what is, and what is not eligible, for reimbursement via the HSA plan. These are available to you in Publication 502 at the IRS. If MDVIP does provide you with a global billing, it would be very difficult for you to prove to the IRS that the expense was eligible. If however, you do recieve an itemized billing, and that billing shows eligible expenses, then that part of the bill would be eligible.
As a test, why don't you submit the bill to the carrier, or the HSA administrator (if you have one) and see what they send back.
Remember, the HSA is a personal issue between the individual and the IRS.