Many individuals have questions about what expenses can be covered with their HSA, including emergency contraception such as the morning after pill. If you're wondering whether you can use your HSA for the morning after pill, here's what you need to know:
HSAs are designed to help individuals save for qualified medical expenses, but the IRS determines what is considered a qualified expense. While most medical expenses are eligible, there are specific guidelines to consider.
The morning after pill, also known as emergency contraception, is typically classified as a preventive medication rather than a prescription medication. This classification can impact whether it is considered a qualified expense under your HSA.
Before using your HSA funds for the morning after pill, it's essential to review your HSA plan documents or contact your HSA provider directly to confirm if emergency contraception is an eligible expense.
Have you ever found yourself wondering which medical expenses your Health Savings Account (HSA) can cover? You're not alone! One common question is whether you can use HSA funds for the morning after pill, commonly known as emergency contraception. Let's break it down.
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