What Medical Expenses Can be Paid from a HSA?

When it comes to managing your healthcare expenses, a Health Savings Account (HSA) can be a valuable tool. But what exactly can you use it for? Let's explore the various medical expenses that can be paid from a HSA:

- Doctor's visits

- Prescription medications

- Dental care

- Vision care

- Chiropractic treatments

- Mental health services

- Surgical procedures

- Physical therapy

- Medical equipment and supplies

- Over-the-counter medications with a prescription

- Long-term care services

- Health insurance premiums (in certain cases)

It's important to keep in mind that not all medical expenses are eligible for HSA reimbursement. It's always best to consult with a tax advisor or refer to the IRS guidelines to determine what qualifies.

A Health Savings Account (HSA) is a powerful way to manage healthcare costs, allowing you to pay for expenses like doctor's visits and essential treatments tax-free. Did you know that besides just covering your visits to general practitioners, HSAs can also help with more specialized medical needs?