What Can You Buy Through Your HSA?

If you have a Health Savings Account (HSA), you have the flexibility to use it for a variety of qualified medical expenses. An HSA helps you save money on expenses that may not be fully covered by your health insurance. So, what can you buy through your HSA?

Here are some common items and services you can purchase with your HSA funds:

• Prescription medications
• Doctor’s office visits
• Dental care, including cleanings, fillings, and orthodontics
• Eye exams, glasses, and contact lenses
• Hearing aids and batteries
• Over-the-counter medications with a prescription
• Medical equipment like crutches, wheelchairs, and blood pressure monitors
• Mental health counseling and therapy
• Acupuncture and chiropractic services

It’s important to remember that not all expenses are eligible for HSA reimbursement. Be sure to keep track of your spending and save receipts for all purchases made with your HSA funds.

With a Health Savings Account (HSA), the list of eligible expenses is broader than you might think! From everyday medical needs to specialized care, your HSA can help cover costs that your insurance might not fully address.

Here's an expanded list of common items and services eligible for HSA spending:

• Prescription medications and prescribed over-the-counter drugs
• Routine doctor’s office visits for check-ups and specialized consultations
• All types of dental care, including preventive cleanings and orthodontic treatments
• Eye care expenses such as eye exams, prescription glasses, and contact lenses
• Hearing aids, along with necessary batteries and accessories
• Medical supplies and equipment, from crutches to glucose monitors
• Therapeutic services like mental health counseling, therapy sessions, and acupuncture
• Chiropractic services aimed at spinal health and pain relief

Always remember to verify the eligibility of an expense. Keep track of your receipts to enhance your financial planning and ensure smooth reimbursements from your HSA.