To help relieve some of the stress of health expenses that can accumulate quickly, here are five items you can use your HSA, HRA or FSA accounts to pay for:
As flu season is approaching, don’t hesitate to get your annual flu vaccination to build up an immunity to the virus before the flu season arrives. Best of all, the vaccinations are eligible for reimbursement with an HSA, HRA or FSA. The Centers for Disease Control and Prevention recommends that anyone over the age of six months should get a flu shot each year.
- Physical Exams
You can take care of annual checkups with the funds you have saved in your FSA, HSA or HRA. Whether it’s time for your annual exam or your child wants to start a new sport, annual physical exams are necessary to remain aware of your health status and medical history.
- Eye Exams, Eyeglasses and Contact Lenses
During your physical exam, your physician will likely check your eyesight. Should you need to seek the services of an optometrist or ophthalmologist, you can rely on your FSA, HSA or HRA to cover the cost of both the eye exam and any corrective eyewear that you may need.
- Certain Medical and Orthopedic Supplies
If you have young kids in school, it’s likely they will be affected by germs and injuries acquired on the playground or in sports. You will be happy to know that you can use your FSA, HSA or HRA to purchase items like bandages, first-aid kits, pain relievers, lice treatments and thermometers. In addition, certain orthopedic supplies such as ankle, knee and back braces/wraps, and athletic tape are eligible for reimbursement.
- Acne Treatments
Acne is the most common skin condition in the U.S. and is extremely common among pre-teens and teenagers. Since acne is considered a disease, the cost of treating it, including prescriptions and Over the Counter (OTC) meds, qualify as eligible expenses for reimbursement.