Can you use HSA to pay for Talkspace?
Asked by: Diana Keebler | Last update: March 28, 2025Score: 5/5 (23 votes)
Can I use my HSA to pay for online therapy?
The good news is mental health therapy, including virtual appointments, is an HSA eligible expense. You can use your HSA to directly pay for your sessions or you can pay out of pocket and reimburse yourself to get your tax savings later.
Can you pay for speech therapy with HSA?
Speech therapy is eligible for reimbursement with flexible spending accounts (FSA), health savings accounts (HSA), and health reimbursement accounts (HRA). They are not eligible for reimbursement with dependent care flexible spending accounts and limited-purpose flexible spending accounts (LPFSA).
Can I use HSA to pay for BetterHelp?
Regarding your insurance covering BetterHelp, you would have to check with your specific provider and see if they could provide out-of-network reimbursement. However, as far as I know, BetterHelp does not work with insurance providers. You may use any FSA or HSA funds to cover the costs.
Can you pay for headspace with HSA?
Billing, payment and refund policies. What forms of payment does Headspace Care accept? We accept all major debit and credit cards and HSA cards. How can I change or update my credit card information?
Can HSA funds be used to pay for The Practice membership?
Can I put my gym membership on my HSA?
Generally, the IRS doesn't allow pretax dollars in HSAs or FSAs for gym memberships. This is because they see them as expenses for general well-being rather than medical necessity. However, with a Letter of Medical Necessity (LMN), your HSA or FSA could be used to fund those expenses.
What can HSA not pay for?
Generally, you can't use your HSA to pay for expenses that don't meaningfully promote the proper function of the body or prevent or treat illness or disease. Nutritional supplements and weight loss programs not prescribed by a physician are examples of expenses that would not be covered by your HSA.
What therapy is covered by HSA?
Can I use my HSA for therapy? Yes. You can use an HSA to cover some mental health expenses, including therapy to treat a diagnosed mental condition. However, therapy that isn't specifically designed for medical or mental health needs — like marriage or family counseling — often won't qualify for HSA coverage.
Does Talkspace accept Medicaid?
Get Affordable Online Mental Health Treatment
Now, you can explore the avenues available for cost-effective — or no-cost — treatment for your mental health condition. Note that Medicaid doesn't currently cover Talkspace online therapy.
Can you use the HSA for calm app?
Get a year of Calm Premium with your qualifying HSA/FSA funds. You'll save up to 40% on your purchase!
Can I use my HSA to pay for my Peloton membership?
You can't directly pay for membership costs with your HSA/FSA card, but if you receive a Letter of Medical Necessity (LMN) from Truemed or an applicable licensed medical professional and are eligible for reimbursement, you may be able to apply your HSA/FSA funds to the cost of a Peloton Membership while the LMN is ...
Can I use my HSA to pay for a Fitbit?
A fitness tracker device, such as a Fitbit, is only eligible for reimbursement with a Letter of Medical Necessity (LMN) with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).
What happens if I accidentally used my HSA card for groceries?
You can repay the incorrect distribution before filing your federal taxes for that tax year. However, if you do not correct the mistake, the unqualified amount will be subject to income tax, and you may also face an additional 20% tax penalty.
Can I use HSA for massage?
Your HSA can pay for massage therapy, though you'll likely need a letter of medical necessity (LMN) from your doctor. An LMN states what condition the treatment is for, how many sessions you need, and any other relevant details. An HSA may also be used on alternative or holistic treatments, such as: Massage therapy.
Can I pay for telehealth with HSA?
Under the telehealth HDHP safe harbor, telehealth and remote healthcare services are not considered disqualifying care and therefore do not negatively affect HSA eligibility. The telehealth HDHP safe harbor was extended twice but currently expires on December 31, 2024.
How to get Talkspace for free?
Talkspace currently collaborates with a number of employers and US health plans to provide psychiatry services at no or partial cost to you. Please note, you may be subject to out-of-pocket cost share if you have access to Talkspace through your health plan provider.
Can I use FSA for Talkspace?
Even if you don't have a health insurance plan that covers mental health services, Talkspace is still more affordable than most co-pays for in-person therapy. You can also pay with an FSA/HSA card, if you have one.
Do any online therapists take Medicaid?
In today's fast-paced world, stress and mental health challenges are more common than ever. Finding affordable therapy options shouldn't be a struggle. At Modern Therapy Group, we understand the importance of accessible mental health support, which is why we offer online therapy that accepts Medicaid.
Can I use HSA for online therapy?
You can use your FSA or HSA funds to pay for your deductible, copayments, and coinsurance. But your therapist (or another mental health provider) doesn't need to accept your health insurance for you to use the funds to pay for services.
Can I use HSA for gym membership?
Gym memberships. While some companies and private insurers may offer discounts on gym memberships, you generally can't use your FSA or HSA account to pay for gym or health club memberships. An exception to that rule would be if your doctor deems fitness medically necessary for your recovery or treatment.
Is it illegal to use HSA money for anything?
You generally can't use HSA funds to pay premiums. Once you turn 65, you can use the money in your HSA for anything you want. If you don't use it for qualified medical expenses, it counts as income when you file your taxes.
Are tampons HSA eligible?
With the passage of the CARES Act in March 2020, tampons and other menstrual care products are now fully FSA-/HSA-eligible. According to the text of the bill, menstrual care products include, “tampon, pad, liner, cup, sponge, or similar product used by individuals with respect to menstruation…”
What is the downside of an HSA?
Drawbacks of HSAs include tax penalties for nonmedical expenses before age 65, and contributions made to the HSA within six months of applying for Social Security benefits may be subject to penalties. HSAs have fewer limitations and more tax advantages than flexible spending accounts (FSAs).