No, you don't. All you need to do is add the S-Corp Health Ins. pay type and amount, and then go up to payroll settings (in the gear icon), and down to Accounting, and be sure to map the S-Corp Health insurance payroll item to the same account you are making the payment from. When the amount of the premium payment is the same as the amount going through payroll, I usually map it to an S-Corp short term liability account, and then when making the payment I post the same amount to the liability account to wash it out to zero. Alternatively, if the total payment to the insurance company is different, you can map it to the insurance expense account if that's where you post the payment. (which will reduce the expense).
