What Can I Buy with My HSA Optum?

If you have an HSA account with Optum, you may be wondering what you can purchase with the funds in your account. An HSA, or Health Savings Account, is a tax-advantaged account that allows you to save money for medical expenses. Optum offers various services, including HSA administration, and knowing what you can buy with your HSA funds is essential for maximizing the benefits of your account.

With your HSA Optum account, you can use the funds to pay for a wide range of eligible medical expenses. Here are some common items and services that you can purchase with your HSA Optum:

• Prescription medications
• Doctor's office visits
• Dental care, including cleanings, fillings, and orthodontia
• Eye care, including eye exams, glasses, and contact lenses
• Medical procedures and surgeries
• Mental health counseling

It's important to note that not all expenses are eligible for HSA reimbursement. To ensure that your purchases qualify, it's best to refer to the IRS guidelines or check with Optum for a list of eligible expenses. By using your HSA funds for eligible expenses, you can save money on taxes and healthcare costs.

If you're an HSA account holder with Optum, it's crucial to know how to leverage your account to its fullest potential. With a Health Savings Account, you can allocate funds for a vast array of medical expenses. Here are some of the major purchases you can make using your HSA Optum account:

• Prescriptions: Whether it's a vital medication or something for minor ailments, your HSA can cover it.
• Doctor's Visits: Each time you visit your physician for checkups or illnesses, consider using your HSA funds.
• Dental Expenses: From routine cleanings to necessary fillings and even orthodontic work, dental care is covered!
• Eye Care: This includes everything from routine eye exams to purchasing glasses and contact lenses.
• Surgical Procedures: Many medical procedures, depending on their necessity, can also be funded through your HSA.
• Mental Health Services: Don't forget about the importance of mental health; therapy and counseling can also be paid for using your HSA.

Remember, some items might not be eligible for purchase with HSA funds. Always refer to the IRS guidelines or consult with Optum for a detailed list of eligible expenses. Utilizing your HSA effectively not only saves you money on taxes but also enhances your healthcare experience.