What does FSA eligible items mean?
Asked by: Ines Zieme | Last update: September 4, 2023Score: 4.8/5 (36 votes)
What does that mean? Eligible expense: A medical, dental or vision expense your employer's plan says can be paid for or reimbursed. Flexible spending account (FSA): A benefit plan that lets people put money aside in special accounts, pre-tax, to help pay for certain medical costs, child care, and other health services.
What are eligible FSA items?
- Home healthcare: Thermometers, pain relief devices, blood pressure monitors, medical alert devices, blood sugar test kits, and more.
- Over-the-counter (OTC) medications: Cough, cold, flu, allergy, asthma, pain relief, and more.
What happens if I buy something not FSA eligible?
Your FSA account can be used for eligible medical expenses only and you are solely liable for the use of the plan. If the Benefits Card is accidentally or intentionally utilized for ineligible expenses, you are responsible for reimbursing your account.
Are all items on FSA store eligible?
Everything on our site is guaranteed FSA eligible! Note: Although the IRS sets guidelines for FSA programs, individual employers have the final determination of which expenses are covered by their FSA programs. However, it is rare for employers to make such changes.
Can I use my FSA at Costco?
Costco accepts a limited number of cards at the main checkout lanes, but they'll let you pay for eligible items with your HSA/FSA card at the Pharmacy or Optical counters. So to use your FSA or HSA cards at Costco, just bypass the regular checkout lines and visit the Pharmacy or Optical department instead.
Top 10 FSA and HSA Eligible Items on Amazon
Can I use my FSA for gas?
Fuel is eligible for transportation to and from medical care, up to the allowed mileage rate. Fuel, gasoline for medical care reimbursement is eligible with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).
Can I use FSA in Sephora?
Does Sephora accept FSA or HSA cards online or in-store? No, Sephora does not accept FSA or HSA cards in-store or online at Sephora.com. However, if you happened to buy FSA eligible sunscreen from Sephora, save your receipt and reimburse yourself!
Does Amazon take FSA?
Amazon has stepped up its game and is now accepting FSA and HSA cards as a payment method for eligible products. So, you can say goodbye to those last-minute trips to the store for medical supplies when you can have them conveniently delivered to your doorstep.
Can you buy toilet paper on FSA?
Toiletries are not eligible for reimbursement 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). What are toiletries?
Are condoms an FSA item?
You can use your FSA or HSA funds to pay for birth control pills and condoms. You can also use them for erectile dysfunction (ED) medications like Viagra®.
Is sunscreen FSA eligible?
Sunscreen 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 you keep FSA money?
Where does the money go? Unused FSA money returns to your employer. The funds can be used towards offsetting administrative costs incurred during the plan year, employers can also reduce annual premiums in the next FSA year, or funds must be equally distributed to employees who enroll in an FSA for the next year.
Do you lose FSA money if you don't spend it?
Most often, these accounts are use-it-or-lose-it. So, what happens when you don't spend all your FSA money? Good Question. "Typically the money goes back to the employer," says Jake Spiegel is Research Associate, Health and Wealth with the Employee Benefit Research Institute (EBRI).
Is Tylenol FSA eligible?
Acetaminophen, the primary ingredient found in Tylenol, is an eligible OTC item. Acetaminophen reimbursement is eligible with an FSA account, HSA or HRA. Acne Medicine such as Clean and Clear, Neutrogena, Proactiv, etc., is eligible.
Are toothbrushes FSA eligible?
Toothbrushes are not eligible for reimbursement with flexible spending accounts (FSA), health savings accounts (HSA), health reimbursement accounts (HRA), dependent care flexible spending accounts and limited-purpose flexible spending accounts (LPFSA) because they are general health products.
Are protein shakes FSA eligible?
Protein shakes are considered nutritional supplements, and unfortunately you cannot use your flexible spending account (FSA) towards these. We get many questions about FSA eligibility at FSAstore.com, as people often wonder why protein powder is not considered an FSA eligible expense.
Can I buy Kleenex with my FSA card?
Facial tissues are not eligible for reimbursement 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) as they are considered a cosmetic product.
Is dental floss FSA eligible?
While it seems like they would fit under the dental care umbrella, general self-care items like toothpaste, toothbrushes, and floss are not FSA or HSA eligible. Same goes for specialized or medicated toothpastes.
Is Tylenol HSA eligible?
Acetaminophen, the primary ingredient found in Tylenol, is an eligible OTC item. Acetaminophen reimbursement is eligible with an FSA account, HSA or HRA. Acne Medicine such as Clean and Clear, Neutrogena, Proactiv, etc., is eligible.
Does Walmart use FSA?
Does Walmart.com accept FSA or HSA cards? If you are looking to use your FSA or HSA card online or in-store on FSA-eligible product, you will likely have a hard time depending on your card issuer. That is because Walmart.com does not accept FSA or HSA cards at this time. This is listed in their FSA & HSA Shop FAQ.
Can FSA be used at Walmart?
Wal-Mart Stores implements a technology solution to enable customers to use flexible spending account (FSA) debit cards. The internally developed Inventory Information Approval System (IIAS) works by identifying FSA eligible merchandise, which have a unique ID number, as items are scanned at checkout.
Can FSA pay for 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).
Is face cream FSA eligible?
“Over-the-counter topical skin care products related to certain skin conditions such as eczema, psoriasis, rosacea and acne are FSA-eligible,” says Dr.
Is face wash FSA eligible?
Face Wash (Non-Medicated): FSA Eligibility
However, if a face wash contains medicated ingredients that are used to treat a medical condition such as acne, it would be considered eligible. What is face wash? Face wash is a product designed to clean the face in conjunction with water.
Is face moisturizer covered by FSA?
Moisturizer is an Over-the-Counter (OTC) product, but is not eligible for reimbursement with any consumer-directed healthcare account. Moisturizer on its own does not treat, alleviate or prevent a medical condition or disease, and is usually considered cosmetic in purpose, and therefore is not eligible.