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 packages and consuming plans, or vitamin dietary supplements?
Whether or not your well being aim at BODi is to get in form, shed some pounds, eat higher, enhance coronary heart well being, or assist handle or forestall a situation, you might be able to have your prices lined 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 p.c!
Maintain studying to see if you happen to qualify — and uncover the best way to benefit from 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 manner 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 often units up the account and handles all of the heavy lifting. They’ll robotically 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 (good day, financial savings!), however you would possibly even drop right into a decrease tax bracket, since this cash doesn’t depend towards your taxable revenue.
There’s one tiny catch to find out about: In case you’ve received an FSA, you’ll want to make use of that cash by December thirty first or it disappears! (Although some plans have exceptions, so undoubtedly verify along with your supplier.)
In case you’re fearful about that use-it-or-lose-it deadline, right here’s some excellent news: HSA cash is totally different. No matter you set in there may be yours to maintain, no expiration date in sight.
What Can I Spend My HSA/FSA {Dollars} On?
Making an attempt to determine what you may truly purchase with these HSA/FSA {dollars}? The listing is manner longer than you would possibly assume! So, if you happen to’re stressing about utilizing up your FSA cash earlier than it expires, don’t fear — you’ve received tons of choices.
You should use your HSA/FSA funds for plenty of on a regular basis drugstore objects you’re in all probability already shopping for, like first help, insoles, chilly meds whenever you’re feeling underneath the climate, pimples remedies, female hygiene, and even contact lenses and breast pumps.
If they assist deal with or handle widespread well being issues, they often make the minimize.
Are Dietary supplements HSA & FSA Eligible?
There are some nutritional vitamins and dietary supplements resembling prenatal nutritional vitamins, rehydration options, and fiber laxatives that robotically 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 physician first.
All it’s important to do is join with our telehealth companion Truemed to see if you happen to qualify. It’s tremendous easy: Simply fill out an on-line questionnaire — no video appointment vital! — and if you happen to’re eligible, you’ll get a Letter of Medical Necessity (LMN) that you simply’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?
Similar to with dietary supplements, your BODi gymnasium membership, health gear, and weight reduction packages should not robotically lined by your HSA/FSA. You’ll want a physician to prescribe them first.
We’ve made it quick and straightforward so that you can get a web based session to see if you happen to qualify, by means of our telehealth companions, Truemed and Dr. B. In case you’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 need to 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.
Vital observe: Dr. B can solely present health eligibility LMNs. Use Truemed if you wish to be lined 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 assume you don’t have any well being issues that might qualify you for an LMN, however you’d be shocked.
In case you’re coping with any form 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 a whole 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 value 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 out a video name and supply the Letter of Medical Necessity required to be reimbursed on your eligible BODi purchases, if you happen to qualify.
With Dr. B, qualifying clients 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 vital!
- In case you 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 price of any bundle (which might prevent 20 to 40 p.c!).
- Reimbursement applies to all purchases made after receipt of the LMN (even on the identical day!).
With Truemed, qualifying clients 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 vital!
- In case you 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 price of any bundle, or get reimbursed on your dietary supplements, together with Shakeology, Get better, Energize, and extra (which might prevent 20 to 40 p.c!).
- 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 energetic 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 packages to vitamin dietary supplements and consuming plans, these instruments may also help you get the outcomes you need to assist really feel your greatest every day.
For qualifying people, BODi’s wellness options will be among the greatest issues to spend your HSA or FSA cash on. FSA- and HSA-eligible bills can considerably cut back prices, permitting you to give attention to what issues most — your well being.
In search of 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.