Can HSA Be Used for Functional Medicine?

Health Savings Accounts (HSAs) are a versatile tool that can be used for a wide range of medical expenses, including functional medicine. Functional medicine is an approach that focuses on the root causes of illness and aims to restore balance in the body through personalized treatment plans. Many people are turning to functional medicine for chronic health issues that traditional medicine may not fully address.

So, can you use your HSA funds for functional medicine? The short answer is yes, in many cases. As long as the functional medicine treatment is prescribed by a licensed healthcare provider to treat a specific medical condition, it is generally considered an eligible expense for HSA reimbursement.

Here are some key points to consider when using your HSA for functional medicine:

• Functional medicine services must be provided by a licensed healthcare provider
• The treatment must be for a diagnosed medical condition
• Prescribed supplements or medications related to functional medicine may also be eligible for HSA reimbursement
• Keep detailed records and receipts for all functional medicine expenses to comply with IRS guidelines

It's important to note that not all functional medicine services may be covered by an HSA, so it's recommended to check with your HSA provider or tax advisor for specific guidance.

Health Savings Accounts (HSAs) offer incredible flexibility for managing various healthcare expenses, including the growing field of functional medicine. This approach emphasizes understanding and treating underlying health issues rather than just alleviating symptoms, appealing to many who seek more holistic treatment options.