Is a heart rate monitor HSA-eligible?

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.

Are running shoes HSA eligible?

Are running shoes HSA/FSA eligible? Running shoes may be an eligible expense for your HSA or FSA, if they help to manage or prevent a medical condition.

Can I use HSA money to buy an Apple Watch?

Unfortunately the answer to this question is usually no. This is because according to the IRS, fitness trackers are used to promote what the IRS terms “general health”. Expenses under this general health definition are not considered HSA eligible expenses.

Is fitness equipment HSA eligible?

You can buy a wide range of athletic gear and medical supplies with FSA/HSA dollars. This includes electrolyte packs, medicine, muscle rubs, KT Tape, glasses, contacts, and more. Much fitness equipment is also covered. But you may need a note from your doctor telling your insurance why you need them.

Is deodorant HSA eligible?

Deodorant reimbursement is not eligible with a flexible spending account (FSA), health savings account (HSA), health reimbursement arrangement (HRA), limited-purpose flexible spending account (LPFSA) or a dependent care flexible spending account (DCFSA).

Are vitamins HSA eligible?

In general, vitamins are not considered an HSA eligible expense unless they are prescribed by a doctor for a specific medical condition. For example, if your doctor prescribes prenatal vitamins during pregnancy or recommends vitamin D supplements to treat a deficiency, those could be eligible expenses under your HSA.

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…”

Are massages HSA eligible?

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 buy a heart rate monitor with FSA?

The following products are eligible for an HSA/FSA purchase: Index™ BPM smart blood pressure monitor, Index™ S2 smart scale, HRM-Fit™, HRM-Pro™ Plus, HRM-Dual™ and HRM-Swim™.

How to know if something is HSA eligible?

What can I not spend HSA on?

For example, nutritional supplements that aren't prescribed by your doctor aren't covered. Health club memberships and lactose intolerance medications typically aren't covered either. Here are some examples of non-qualified HSA expenses: Babysitting or child care (a dependent care FSA can help with child care)

Can my HSA pay for my 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.

Can I use my HSA to buy a Peloton?

You will need to submit your LMN and Peloton purchase receipt to your HSA/FSA plan administrator for reimbursement from your HSA/FSA funds. If you do not qualify, you may cancel your order at any time prior to delivery.

Are sunglasses HSA eligible?

Yes. You can use your HSA to purchase sunglasses if you receive a prescription from a doctor. An HSA is paired with a high-deductible health plan (HDHP). This has a minimum annual deductible for an individual or family.

Can I use my HSA for YMCA membership?

Using HSA or FSA Dollars

If you have a health insurance plan with a Health Savings Account or you use a Flexible Savings Account, you may be able to use money from those accounts to pay for your YMCA membership!

Can I use my HSA for sunscreen?

Sunscreen for adults and for kids is eligible for reimbursement with flexible spending accounts (FSA), health savings accounts (HSA), and health reimbursement accounts (HRA) under certain conditions. Only sunscreens with SPF 15+ and "broad spectrum" protection are eligible.

Can I buy a Fitbit with my HSA?

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).

Are all insoles HSA eligible?

Orthopedic shoe inserts are eligible for reimbursement with a consumer-directed healthcare account if it's specifically to treat, alleviate or prevent a medical condition or disease.

Are diapers FSA eligible?

Regular diapers for newborns and infants are not FSA eligible because they do not treat a medical condition, but rather aid a healthy function of the body. There are some ways to save, however, including sales, coupons, buying in bulk or joining rewards programs.

Can HSA be used for workout supplements?

These guidelines state that eligible expenses must be for the diagnosis, cure, mitigation, treatment, or prevention of disease. This means that supplements that are used for general health and wellness purposes may not be eligible for reimbursement.