Currently my employer proivdes a Health Insurance Allowance (which I understand is really just added compensation), but I am wondering if it is possible to somehow shield that money similar to a pre-tax premium. Originally I had thought I would be able to pay my premiums (for an HSA qualified plan) out of the HSA and just have my employer contribute to that HSA. But for some reason this isn't allowed? What other options do I have along these lines.
Instead of claiming individual health insurance at tax filing time, have it deducted pre-tax.