Questioning if you should use a Well being Financial savings Account (HSA), or Versatile Spending Account (FSA) to pay for BODi Subscriptions, Digital Buy health applications and consuming plans, or vitamin dietary supplements?
Whether or not your well being purpose at BODi is to get in form, shed weight, eat higher, enhance coronary heart well being, or assist handle or stop a situation, you might be able to have your prices coated along with your HSA/FSA {dollars}.
BODi has teamed up with telehealth platforms Truemed and Dr. B that will help you decide in case your HSA or FSA funds can cowl BODi health and vitamin merchandise — finally saving you as much as 40 %!
Hold studying to see in case you qualify — and uncover the right way to take advantage of your HSA or FSA cash with BODi.
What Is an HSA/FSA?
Consider Well being Financial savings Accounts (HSA) and Versatile Spending Accounts (FSA) as particular piggy banks on your well being bills — however method higher, as a result of they’re completely tax-free.
These accounts allow you to put aside cash out of your paycheck for these on a regular basis well being prices like physician visits, prescriptions, and fundamentals like sunscreen and band-aids.
Your employer normally units up the account and handles all of the heavy lifting. They’ll routinely tuck away no matter quantity you select out of your paycheck earlier than taxes even kick in.
Not solely do you get to spend this cash tax-free (whats up, financial savings!), however you would possibly even drop right into a decrease tax bracket, since this cash doesn’t rely towards your taxable earnings.
There may be one tiny catch to learn about: If you happen to’ve bought an FSA, you’ll want to make use of that cash by December thirty first or it disappears! (Although some plans have exceptions, so positively test along with your supplier.)
If you happen to’re anxious about that use-it-or-lose-it deadline, right here’s some excellent news: HSA cash is completely different. No matter you place in there’s yours to maintain, no expiration date in sight.
What Can I Spend My HSA/FSA {Dollars} On?
Attempting to determine what you’ll be able to truly purchase with these HSA/FSA {dollars}? The listing is method longer than you would possibly suppose! So, in case you’re stressing about utilizing up your FSA cash earlier than it expires, don’t fear — you’ve bought tons of choices.
You need to use your HSA/FSA funds for many on a regular basis drugstore objects you’re most likely already shopping for, like first support, insoles, chilly meds if you’re feeling below the climate, zits remedies, female hygiene, and even contact lenses and breast pumps.
If they assist deal with or handle widespread well being issues, they normally make the minimize.
Are Dietary supplements HSA & FSA Eligible?
There are some nutritional vitamins and dietary supplements reminiscent of prenatal nutritional vitamins, rehydration options, and fiber laxatives that routinely qualify for HSA and FSA reimbursement. For all different dietary supplements and nutritional vitamins, together with BODi dietary supplements, you’ll want approval from a health care provider first.
All you must do is join with our telehealth accomplice Truemed to see in case you qualify. It’s tremendous easy: Simply fill out an on-line questionnaire — no video appointment needed! — and in case you’re eligible, you’ll get a Letter of Medical Necessity (LMN) that you just’ll undergo your HSA/FSA along with your receipts.
What BODi Dietary supplements & Bundles Are HSA/FSA Eligible with an LMN?
Get began along with your two-minute Truemed medical session now by clicking right here.
Can I Use HSA/FSA Cash for Health Packages & Fitness center Memberships?
Identical to with dietary supplements, your BODi fitness center membership, health tools, and weight reduction applications usually are not routinely coated by your HSA/FSA. You’ll want a health care provider to prescribe them first.
We’ve made it quick and straightforward so that you can get an internet session to see in case you qualify, by our telehealth companions, Truemed and Dr. B. If you happen to’re eligible, you’ll get a Letter of Medical Necessity (LMN), which you’ll undergo your HSA/FSA along with your receipts.
And the very best half is, you don’t even want an appointment or video name. You simply should fill out a couple of on-line questions.
What BODi Health Merchandise Are FSA/HSA Eligible with an LMN?
Get began along with your Dr. B medical session right here.
Essential be aware: Dr. B can solely present health eligibility LMNs. Use Truemed if you wish to be coated for each health and vitamin merchandise. Get began along with your Truemed session right here.
Why Would I Be Eligible for a Letter of Medical Necessity?
You would possibly suppose you don’t have any well being issues that may qualify you for an LMN, however you’d be stunned.
If you happen to’re coping with any sort of well being problem like weight problems, diabetes, hypertension, coronary heart points, nagging again ache, excessive ldl cholesterol, and even psychological well being issues, your physician would possibly advocate weight reduction, health, or complement merchandise as a part of your prevention or therapy plan.
There are quite a lot of on a regular basis well being points that may be managed with the assistance of train and vitamin, so it’s at all times price checking.
Discover Out if You Can Get Reimbursed for BODi Merchandise Now
Each Dr. B and Truemed can assess your well being on-line in simply two minutes with no video name and supply the Letter of Medical Necessity required to be reimbursed on your eligible BODi purchases, in case you qualify.
With Dr. B, qualifying prospects can get reimbursed for HSA/FSA-eligible BODi health purchases solely, by following this straightforward course of:
- Go to Dr. B utilizing this hyperlink for a one-time $15 on-line session. No video name needed!
- If you happen to qualify, you’ll obtain your Letter of Medical Necessity, legitimate for 12 months, by way of e-mail.
- Submit the letter and your new BODi receipts to your HSA/FSA administrator.
- Get reimbursed on your BODi Subscriptions, Digital Purchases, and the BODi Subscription value of any bundle (which might prevent 20 to 40 %!).
- Reimbursement applies to all purchases made after receipt of the LMN (even on the identical day!).
With Truemed, qualifying prospects can get reimbursed for HSA/FSA-eligible BODi dietary supplements and health merchandise, by following this straightforward course of:
- Go to Truemed utilizing this hyperlink for a one-time $15 on-line session. No video name needed!
- If you happen to qualify, you’ll obtain your Letter of Medical Necessity, legitimate for 12 months, by way of e-mail.
- Submit the letter and your new BODi receipts to your HSA/FSA administrator.
- Get reimbursed on your BODi Subscriptions, Digital Purchases, and the BODi Subscription value of any bundle, or get reimbursed on your dietary supplements, together with Shakeology, Recuperate, Energize, and extra (which might prevent 20 to 40 %!).
- Reimbursement applies to all purchases made after receipt of the LMN (even on the identical day!).
Prioritize Your Well being & Health with Your HSA or FSA
Staying lively and consuming effectively are key to managing all types of well being issues and serving to you reside a more healthy, extra fulfilling life. From BODi’s health applications to vitamin dietary supplements and consuming plans, these instruments may also help you get the outcomes you wish to assist really feel your finest every day.
For qualifying people, BODi’s wellness options could be among the finest issues to spend your HSA or FSA cash on. FSA- and HSA-eligible bills can considerably cut back prices, permitting you to concentrate on what issues most — your well being.
On the lookout for Extra Info on BODi HSA/FSA Reimbursement?
Nonetheless have questions? Take a look at our FAQ web page “Utilizing your HSA/FSA with Truemed or Dr. B” for extra particulars.