What Can I Use My Optum Bank HSA Card For?

If you have an Optum Bank HSA card, you may wonder what expenses you can use it for. An HSA card is a powerful tool to help you manage your healthcare expenses efficiently. Here's a guide to understanding what you can use your Optum Bank HSA card for:

Qualified Medical Expenses:

• You can use your HSA card to pay for a wide range of qualified medical expenses, including doctor visits, prescriptions, dental care, vision care, and more.

Over-the-Counter (OTC) Medications:

• Thanks to recent legislation changes, you can now use your HSA card to purchase over-the-counter medications without a prescription.

Medical Supplies:

• Your HSA card can also be used to buy medical supplies like bandages, first aid kits, crutches, and other items.

Preventive Care:

• Many preventive care services, such as screenings and vaccinations, are also covered by your HSA funds.

Non-Medical Expenses:

• While primarily for medical expenses, your HSA card can also be used for certain non-medical expenses, such as COBRA premiums, long-term care premiums, and even some health insurance premiums if you're over 65.

It's essential to keep track of your expenses and ensure they are eligible under IRS guidelines to avoid any penalties. Using your Optum Bank HSA card wisely can help you save money and plan for your future healthcare needs.

With your Optum Bank HSA card, you have a handy financial tool at your disposal for managing healthcare expenses effectively. Not only can it cover a wide variety of qualified medical expenses such as doctor visits and prescriptions, but it also allows for over-the-counter medications without needing a prescription, making healthcare more accessible.