HSA Guide
Can I Buy DME with BCBSNC HSA?
Published April 20, 2022
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Get the appShort answer: Yes, you can use your BCBSNC HSA to purchase Durable Medical Equipment (DME) prescribed to you for medical reasons.
How BCBSNC HSAs may cover DME
Health Savings Accounts (HSAs) are a great way to save money for medical expenses while enjoying tax benefits. If you have a Blue Cross Blue Shield of North Carolina (BCBSNC) HSA, you may wonder if you can use it to purchase Durable Medical Equipment (DME).
Here's what you need to know:
- BCBSNC HSAs typically cover a wide range of medical expenses, including Durable Medical Equipment.
- DME refers to medical equipment prescribed by a healthcare provider to be used at home for medical reasons, such as wheelchairs, walkers, and oxygen tanks.
- Before using your HSA to buy DME, it's important to check with BCBSNC to ensure that the equipment is eligible for reimbursement.
- Keep in mind that some DME may require a prescription from a healthcare provider to be eligible for HSA reimbursement.
- When purchasing DME with your BCBSNC HSA, be sure to save all receipts and documentation for tax purposes and potential audits.
Using BCBSNC HSA for prescribed DME
Using your BCBSNC HSA for DME is a convenient way to manage your medical expenses, especially for items that are not fully covered by insurance.
Yes, you can use your BCBSNC HSA to purchase Durable Medical Equipment (DME) that has been prescribed to you for medical reasons; this can significantly ease your out-of-pocket medical costs.