What Can You Spend HSA on? A Comprehensive Guide to HSA Eligible Expenses

One of the most common questions people have about HSA (Health Savings Account) is what expenses they can use it for. An HSA is a great tool for saving money on medical costs, but it's important to know what is considered an eligible expense.

Here is a comprehensive guide to what you can spend your HSA funds on:

• Medical Services: Doctor visits, surgeries, lab work, X-rays, physical therapy, and other medical treatments are all eligible expenses.
• Prescriptions: Any prescribed medication or insulin is qualified for HSA reimbursement.
• Dental Care: Routine check-ups, fillings, braces, dentures, and other dental procedures are included.
• Vision Care: Eye exams, contact lenses, glasses, LASIK surgery, and prescribed eye drops are covered.
• Mental Health: Therapy sessions, counseling, and psychiatric care are all eligible expenses.
• Over-the-Counter (OTC) Items: Certain OTC items like bandages, pregnancy tests, and blood pressure monitors are eligible.
• Alternative Treatments: Acupuncture, chiropractic care, and certain herbal supplements may be covered.

When it comes to spending your HSA (Health Savings Account), understanding the extent of eligible expenses is key to maximizing your savings.