What Can I Buy on HSA Card? Your Guide to Eligible Purchases

If you have a Health Savings Account (HSA), you may be wondering what you can buy using your HSA card. An HSA is a tax-advantaged account that allows you to pay for eligible medical expenses with pre-tax dollars. Here's a guide to what you can use your HSA card for:

Eligible Purchases with HSA Card

With your HSA card, you can purchase a wide range of qualified medical expenses, including:

• Prescription medications
• Doctor's visits and co-pays
• Dental and vision care
• Medical equipment such as crutches or blood pressure monitors
• Mental health services

What You Cannot Buy with HSA Funds

It's important to note that there are certain items and services that you cannot purchase using your HSA card. These include:

• Over-the-counter medications (without a prescription)
• Cosmetic procedures
• Health club memberships
• Non-medical expenses

Make sure to keep your receipts for all HSA purchases in case you need to provide documentation in the future. Consult with your HSA provider or tax advisor if you have any questions about what is considered an eligible expense.

If you have a Health Savings Account (HSA), you may be surprised at the variety of purchases you can make with your HSA card. An HSA is a fantastic tax-advantaged account, allowing you to spend pre-tax dollars on eligible medical expenses. Here's a comprehensive guide to how you can maximize your benefits.

Eligible Purchases with HSA Card

With your HSA card, you are able to cover a wide array of qualified medical expenses, which include:

• Prescription medications for chronic conditions, acute illnesses, or preventative care.
• Doctor's visits and co-pays, ensuring your healthcare needs are met without excessive out-of-pocket costs.
• Dental and vision care, including routine check-ups, glasses, and contact lenses.
• Medical equipment such as crutches, blood pressure monitors, and other devices prescribed by your healthcare provider.
• Mental health services, including therapy and counseling sessions aimed at supporting your mental well-being.

What You Cannot Buy with HSA Funds

While HSAs provide great flexibility, there are certain items and services that are off-limits when using your HSA card. Be mindful of the following:

• Over-the-counter medications without a prescription are not eligible, so check with your doctor before purchasing.
• Cosmetic procedures, such as Botox, are considered non-essential and are therefore excluded.
• Health club memberships, while great for wellness, are not covered by HSA funds.
• Non-medical expenses like travel or convenience items are also not permissible.

Always ensure that you retain receipts for all HSA purchases, as documentation may be needed for future reference. If you're uncertain about what counts as eligible, consult with your HSA provider or tax advisor for clarification.