Reviving this old thread. I hope it's appropriate to do so. Some of the information has probably changed in the past couple of years.
I'm looking for an HSA provider for my husband and myself. It would be an individual account, not through a business. We each have HDHPs. He is 55 and so eligible for catch-up contributions. I'm 51.
The providers that seem to be recommended the most both here and at the Bogleheads forum (
https://www.bogleheads.org/forum/viewtopic.php?f=2&t=207051) are HSA Bank, HealthEquity, and Saturna.
I am looking for an account that isn't horribly difficult to set up, that will provide low-cost Vanguard index mutual funds, and has reasonable fees on account maintenance. I also want to use a debit card to pay my medical bills, and Saturna doesn't provide one. I'm shying away from the ones where people have reported customer service problems like HealthEquity.
So by process of elimination it seems like HSA Bank is something I should look at closely. Does anyone have any input? Have you used these providers? Do you like others as opposed to these?
One last, probably stupid question. Insurance premiums are reimbursable through HSAs, right? Not just co-pays and co-insurance? Because I would be wanting to use my HSA for long-term investing, but the premiums will eat up the entire allowable yearly contribution and then some.
ETA: Just answered the question. The premiums are not "qualified medical expenses" according to the IRS (
https://www.irs.gov/publications/p969#en_US_2016_publink1000204083). So basically now that I'm FIREd, is there any way to pay for insurance premiums with before-tax money? Maybe there isn't, and that's just part of the price I pay for not being at a clown job.
Sorry for the disjointedness of this post. I've spent several hours looking at this issue now and my head is spinning.