What Can Be Purchased with an HSA Card? Benefits and Tips

Check eligibility on the go — browse 7,000+ HSA-eligible products in the free app.

What an HSA card can purchase

Health Savings Accounts (HSAs) have become popular among individuals looking to save for medical expenses while enjoying tax benefits. One common question that arises is what can be purchased with an HSA card. An HSA card functions like a debit card but is specifically designated for healthcare expenses. The IRS sets guidelines on eligible expenses, and here is a list of items that can be purchased with an HSA card:

• Prescription medications
• Over-the-counter medicines like pain relievers, allergy medications, and more (with a prescription)
• Medical equipment such as crutches, blood pressure monitors, and more
• Co-pays for doctor visits, specialists, and urgent care
• Dental expenses including cleanings, fillings, braces, and more
• Eye care items like prescription glasses, contact lenses, and solution
• Mental health services including therapy sessions and counseling
• Chiropractic care and acupuncture treatments

Keeping records and prescription requirements

It is essential to keep receipts and records of purchases made with an HSA card to comply with IRS regulations. Additionally, some items may require a prescription for reimbursement, so it is best to check with your healthcare provider or insurer before making a purchase.

Using HSA for prescribed and OTC meds

Health Savings Accounts (HSAs) are a fantastic way to manage your healthcare expenses efficiently. When it comes to what can be purchased with an HSA card, it’s essential to know that these cards can be used for both prescribed and over-the-counter medications, provided they are accompanied by a prescription. This means items like cold medications, pain relievers, and allergy med can help keep you healthy while saving you money.