What Can You Purchase with Your HSA Card?

If you have a Health Savings Account (HSA), you may wonder what you can purchase with the funds in it. An HSA is a special account that allows you to save money tax-free for medical expenses. One of the convenient features of an HSA is the debit card that comes with it, making it easy to pay for eligible expenses. So, what exactly can you buy with your HSA card?

Here are some common items and services that you can purchase using your HSA card:

• Prescription medications
• Doctor's office visits
• Dental care, including cleanings and procedures
• Vision care, such as eye exams and glasses
• Over-the-counter medications with a prescription
• Medical supplies like bandages and first aid kits

It's essential to know what is considered an eligible expense to ensure you are using your HSA funds correctly. Some items that are typically not eligible for purchase with an HSA card include cosmetic procedures, vitamins/supplements without a prescription, and non-medical services.

Remember to save your receipts for all HSA purchases for tax purposes and to prove the expense was for a qualified medical cost. Using your HSA card wisely can help you manage your healthcare expenses effectively and take advantage of the tax benefits an HSA offers.

Health Savings Accounts (HSAs) provide a fantastic way to set aside pre-tax money for qualifying medical costs, but do you know the full range of items you can buy with your HSA card?

It's more versatile than you might think! Not only can you purchase necessary medications, but you can also cover a variety of services and products that contribute to your health and wellness.

• Prescription medications are a no-brainer, of course.
• Doctor's office visits allow you to receive the care you need without worrying about co-pays eating into your budget.
• If you’re considering anything from braces to cleanings, dental care is covered too.
• Need new specs? Eye exams and contact lenses fit right in!
• Chiropractic services are available for those seeking relief from body aches or spinal adjustments.
• Physical therapy sessions can also be taken care of with your HSA.
• Mental health counseling fees are available too—because mental health is just as important!
• And don't forget, over-the-counter medications can be paid for if you have a prescription.
• Medical supplies, like bandages and crutches, are essential and can be purchased without worry.

Additionally, your HSA card isn’t just limited to traditional medicine. You can also invest in your wellness with:

• Acupuncture sessions, promoting relaxation and healing.
• Massage therapy, perfect for stress relief and muscle recovery.
• Books or magazines focused on health can also be acquired through your HSA.
• Programs designed to support weight loss or smoking cessation can also bolster your wellness journey.

Yet, it’s vital to remember that while your HSA card can help you save on many health-related purchases, not every expense qualifies. Items like cosmetic surgery, certain vitamins, and health supplements usually don’t make the cut.

Always keep your receipts—tracking your HSA purchases is crucial for future verification and to ensure you're making the most out of your healthcare savings!