The above list of eligible items is maintained by HSA Store and FSA Store. Qualified medical expenses are defined by the IRS and may change at any time. You can reference IRS Publication 502 and IRS Publication 503 for the full list of expenses that are qualified, are not qualified, and ...
FSA-eligible items also include things like bandages, crutches, or artificial teeth. The employee, their spouse, dependents, or child under the age of 27 can incur medical expenses. For a full list of qualifying medical expenses, consult the IRS’s Publication 502. Heads up! Insurance premiums...
FSA eligible expenses can vary depending on the employer policy as well as the type of insurance coverage held by an employee. Some employers, for example, allow employees to use FSA funds to pay for an adoption. In situations where an employee has a health caresavings account, she may be ...
Eligible FSA expenses are health care costs not covered by insurance. Though each individual employer’s plan differs, a variety of items and services may be included. You also can use your plan to cover your spouse’s and children’s expenses, or any expenses incurred by your dependents (as...
FSA,HRA,HSA:Eligible andIneligibleExpenses "Medicalcare"expensesasdefinedbySection213(d)include amountspaidforthediagnosis,treatment,orpreventionof disease,andfortreatmentsaffectinganypartorfunctionofthe body.Theexpensesmustbetoalleviateorpreventaphysical defectorillness.Expensesforsolelycosmeticreasons generallyareno...
“Expenses must be for diagnosis, treatment or prevention of disease or medical condition,” says Daniel Somrack, co-founder ofSilver, an FSA/HSA claims facilitator. “They need to treat a physical condition. Diapers are considered a personal care item that is expected to be used for all bab...
20 unexpected items you can spend your FSA dollars on before the end of 2017Amir Ismael