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What Can I Claim in an HSA? - Understanding HSA Eligible Expenses

Published May 29, 2024

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Short answer: You can claim eligible medical and dental expenses, prescriptions, certain over-the-counter medications with a prescription, medical supplies, vision care, mental health services, chiropractic services, and acupuncture.

Eligible HSA expenses and examples

Health Savings Accounts (HSAs) offer many benefits when it comes to saving for medical expenses. One common question among HSA account holders is, 'What can I claim in an HSA?' It's important to understand what expenses are considered eligible for reimbursement from your HSA funds.

Here are some of the expenses you can claim in an HSA:

  • Medical and dental expenses
  • Prescription medications
  • Over-the-counter medications with a prescription
  • Medical supplies such as bandages or crutches
  • Vision care including eyeglasses and contact lenses
  • Mental health services
  • Chiropractic services
  • Acupuncture

Recordkeeping and maximizing HSA savings

These are just a few examples of the many eligible expenses that can be claimed in an HSA. It's important to keep records and receipts for all HSA expenses to substantiate your claims in case of an audit.

Health Savings Accounts (HSAs) are a fantastic way to pad your budget for medical expenses, and many HSA holders often wonder, 'What can I claim in an HSA?' Understanding eligible expenses helps you maximize your savings and efficiently manage your healthcare costs.

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