Given our pending ER, we plan to be on COBRA as our health insurance in the next 18 months. I called my HSA company (Mellon Bank in this case) to ask whether we can use our fund in the HSA account to pay for the COBRA health insurance premium as COBRA is . Mellon agent said that we can only do that if we are receiving unemployment benefits from federal or state government.
However, when I checked on IRS website:
COBRA is clearly one of the scenarios that you can use HSA to pay for the insurance premium.
I would place more trust of the IRS website but when I challenged the Mellon agent, she said that that is what they go by.
I would like to know
a) Your real-world experience with this scenario
b) Are you (or planning) to contribute to HSA even during ER.
Thank you in advance,