reading this sparked my interest as it is a great idea but from what I've read if you are covered by a non hdhp you can not do this per IRS publication 969. too

reading this sparked my interest as it is a great idea but from what I've read if you are covered by a non hdhp you can not do this per IRS publication 969. too bad because that would have been one hell of a loophole and I would have considered starting an astronomically high deductible with ultra low premium secondary insurance company to cater to this market