What purchases are covered by FSA?

Asked by: Bennett Beier | Last update: November 27, 2023

Score: 4.6/5 (28 votes)

You can spend FSA funds to pay deductibles and copayments, but not for insurance premiums. You can spend FSA funds on prescription medications, as well as over-the-counter medicines with a doctor's prescription. Reimbursements for insulin are allowed without a prescription.

What purchases are FSA eligible?

Categories of FSA-eligible 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 expenses are not covered by FSA?

This is a partial list of health care expenses that are NOT eligible for reimbursement from the Health Care Spending Account:

Any illegal treatment.
Baby-sitting fees to enable you to visit a doctor.
Cosmetic surgery improving the patient's appearance.
Dental bleaching or any other teeth whitening**

What receipts are FSA approved?

Receipts for eligible medical expenses typically need to have these five key pieces of information in order to be processed for reimbursement:

The patient's name. ...
Health care provider's name. ...
Date of service. ...
Type of service or item. ...
Expense amount.

Are all items on the FSA store FSA eligible?

Everything on the site is guaranteed FSA eligible or your money back…for the most part. There are certain flexible spending accounts that don't cover every item and some may be limited to only specific items and/or services.

25 Creative FSA Eligible Purchases for EOY - Flex Spending Account / HSA

32 related questions found

Can I use FSA to buy food?

Foods: FSA Eligibility

Food is 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).

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.

Can I buy toilet paper with my FSA card?

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).

Do they check FSA receipts?

Using an FSA debit card will often mean you don't have to submit receipts to your administrator, but it's always a good idea to hold onto your receipts just in case they're needed for any reason.

Do I need to keep receipts for FSA purchases?

Did You Know? For an FSA/HRA, you will usually not need to submit a receipt to verify the eligibility of a purchase made at an IIAS merchant, but save your receipt just in case. For an HSA, you should always save your receipts in case you are ever subject to an IRS audit.

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.

Can I buy gas with FSA card?

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).

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.

Is Fitbit FSA eligible?

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).

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 I buy diapers with FSA?

Regular diapers for newborns and infants are not FSA eligible. However, diapers used to relieve the effects of a specific disease or medical condition may qualify with a Letter of Medical Necessity (LMN) from a pediatrician or other medical practitioner.

What is acceptable documentation for FSA reimbursement?

Medical Service – An itemized receipt/statement or an EOB from the insurance company or health care provider should include: Patient Name; Provider Name; Date of Service; Description of Service (or procedure code); Amount Paid. A credit card receipt from your Card swipe is not sufficient.

Can an employer ask for FSA money back?

Generally, the uniform coverage rule does not allow employers to charge an employee for the balance of a health flexible spending account (FSA) if the employee leaves employment mid-year.

What happens if you lose receipt for FSA?

Don't freak out. If you submitted the wrong form, contact your FSA provider right away and see if you can resubmit. It's as simple as that. However, if you make a purchase and don't have a matching receipt, you may be able to substitute one from another qualified transaction.

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.

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 use my FSA card to buy a Waterpik?

Waterpiks are eligible for reimbursement with flexible spending accounts (FSA), health savings accounts (HSA), health reimbursement accounts (HRA) and limited-purpose flexible spending accounts with a Letter of Medical Necessity (LMN).

Does FSA work for gym membership?

Certain wellness expenses may be reimbursable through your FSA. Biometric Screenings are eligible expenses as health screens. Weight loss programs, gym membership, and fitness programs are 'potentially eligible expenses.

Does Target accept FSA cards?

Target stores

Third-party credit cards: Visa®, Mastercard®, Discover®/Novus®, American Express®, credit cards from foreign banks (JCB Japanese Credit Bureau), Diner's Club International, and FSA/HSA cards are redeemable for FSA/HSA eligible items.

Does FSA work at Walmart?

Are you wondering whether Walmart accepts FSA and HSA cards? If you're a fan of this popular retailer, you'll be pleased to know that they accept many payment methods, including EBT, Affirm, and select benefit cards.