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HSA's can be used to pay for many types of medical expenses, including those normally excluded from health insurance policies. Some of the qualified
medical expenses include:
- Acupuncture
- Alcoholism (treatment)
- Ambulance (hire)
- Braces
- Capital expenditures - Home modifications for handicapped.
- Car equipped to accommodate wheelchair
or handicapped.
- Childbirth preparation classes (mother)
- Chiropractors
- Crutches
- Dental fees
- Dentures
- Doctor's fees
- Domestic aid - rendered by nurse
- Drug addiction
recovery
- Drugs (prescription)
- Eyeglasses and examination fee
- Hearing aid and batteries, modified telephone.
- Hospital care
- Infertility treatments
- Insulin Laboratory
fees
- Lead paint removal
- Lifetime medical care (Prepaid; retirement home)
- Long-Term Care premiums
- Mattress (prescribed for alleviation of arthritis)
- Nursing home
(medical reasons Obstetrical expenses Operations (legal)
- Optometrists
- Orthodontia
- Orthopedic shoes
- Oxygen/oxygen equipment
- Prosthesis
- Psychiatric care
- Psychologists
- Psychotherapists
- Remedial reading
- Sexual dysfunction treatment
- Surgical fees
- Swimming pool (treatment of polio or arthritis)
- Television (closed-caption decoder)
- Therapy treatments (prescribed by a physician)
- Transportation (essentially and primarily for medical care)
- Vitamins (prescription)
- Wheelchair
- X-rays
Generally health insurance premiums do not qualify as medical expenses, except for:
- Long-Term Care Insurance premiums
- Health insurance coverage
while receiving unemployment insurance
- COBRA health insurance continuation coverage
< 2. Why should I get an HSA? | 4. plans that are HSA-eligible >
- What is an HSA?
- Why should I get an HSA?
- What are qualified medical expenses?
- What insurance plans are HSA-eligible?
- How much can I contribute to my HSA?
- Is my money safe?
- How do I use the funds in my HSA?
- How do the tax savings work?
- How can I get an HSA?
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Santa Barbara Health Insurance Services