What Can I Use Medical HSA For? A Comprehensive Guide

If you have a Health Savings Account (HSA), you might be wondering what you can use it for. An HSA is a tax-advantaged savings account that allows you to set aside money for qualified medical expenses. Here are some of the things you can use your HSA for:

• Doctor visits and copays
• Prescription medications
• Dental care, including cleanings, fillings, and braces
• Vision care, such as eye exams, glasses, and contacts
• Hearing aids and batteries
• Mental health services
• Chiropractic care
• Physical therapy
• Medical equipment, like crutches or blood pressure monitors

It's important to note that you should only use your HSA funds for qualified medical expenses to avoid any tax penalties. Consult with your tax advisor or HSA provider if you're unsure about what expenses are eligible.

Your Health Savings Account (HSA) is a powerful tool for managing your healthcare costs. You can use it to pay for not only essential health services like doctor visits and copays, but also for important prescription medications. Keep in mind that making the most of your HSA means understanding all eligible expenses.