High deductible health plans (HDHPs) require minimum insurance deductibles to be met before insurance coverage begins. HDHPs are a prerequisite for contributing to a health savings account (HSA). The CARES Act had allowed telehealth and other remote services to be covered by an HDHP without a deductible through December 31, 2021. The Consolidated Appropriations Act, 2022 (P.L. 117-103) extends this rule, but only for the period from April 1, 2022, though December 31, 2022. Such services are not permissible without a deductible for the first quarter of 2022 and plans may bill those covered by an HDHP if they received such services in the first quarter of 2022 in order to maintain HDHP status.
A deduction allowed for investments in depreciable business equipment in the year the property is placed in service.