What Can You Use an HSA For? Exploring the Versatility of Health Savings Accounts

Health Savings Accounts (HSAs) are a flexible financial tool that can be used for various healthcare expenses. If you have an HSA, you can use it for:

• Medical expenses, including doctor visits, prescription medications, and medical procedures
• Dental care, such as cleanings, fillings, and orthodontia
• Vision care, including eye exams, glasses, and contact lenses
• Mental health services, like therapy sessions and counseling
• Over-the-counter medications and supplies, with a prescription
• Long-term care services and insurance premiums
• Alternative treatments, such as acupuncture and chiropractic care

It's important to note that not all expenses are eligible for HSA funds, so it's essential to check with your HSA provider or refer to the IRS guidelines for a comprehensive list of qualified medical expenses.

Health Savings Accounts (HSAs) are designed to be a smart financial choice for managing healthcare costs. With your HSA, you can conveniently cover a wide array of expenses such as:

• Routine medical expenses like doctor appointments, prescription drugs, and various medical procedures.
• Dental services, which include everything from routine cleanings to more specialized orthodontic treatments.
• Vision health, encompassing eye exams, prescription glasses, and contact lenses.
• Mental health services that provide access to therapy and counseling sessions.
• Over-the-counter items, including certain medications that may require a prescription for HSA reimbursement.
• Premiums for long-term care insurance and eligible long-term care services.
• Alternative healthcare options, such as acupuncture therapy and chiropractic adjustments.

Make sure to consult your HSA provider and stay updated with IRS regulations to determine which medical costs qualify!