Surprisingly, Your HSA Might Cover These 7 Wellness Devices
The article discusses how Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) can be used to cover the cost of various wellness devices, beyond just medical expenses. The article highlights seven types of wellness tech that may be eligible for HSA/FSA coverage, including fitness trackers, smartwatches, blood pressure monitors, glucose monitors, air purifiers, standing desks, and sunscreen. The key points are: - HSAs and FSAs can be used for more than just doctor visits - Certain wellness devices may be eligible for coverage under these accounts - Examples of eligible devices include fitness trackers, blood pressure monitors, and air purifiers - Checking with your plan administrator is important to understand what is covered The article aims to inform readers about the potential for using HSA/FSA funds to purchase wellness-related technology, beyond the typical medical expenses.
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