Questioning if you should utilize 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 aim at BODi is to get in form, drop a few pounds, eat higher, enhance coronary heart well being, or assist handle or forestall a situation, you might be able to have your prices coated together with your HSA/FSA {dollars}.
BODi has teamed up with telehealth platforms Truemed and Dr. B that can assist 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 in case you qualify — and uncover tips on how to profit 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 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 often units up the account and handles all of the heavy lifting. They’ll mechanically 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 (howdy, financial savings!), however you may even drop right into a decrease tax bracket, since this cash doesn’t depend towards your taxable earnings.
There’s one tiny catch to learn about: If you happen to’ve obtained 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 together with your supplier.)
If you happen to’re nervous 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 may be 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 really purchase with these HSA/FSA {dollars}? The record is method longer than you may suppose! So, in case you’re stressing about utilizing up your FSA cash earlier than it expires, don’t fear — you’ve obtained tons of choices.
You should use your HSA/FSA funds for plenty of on a regular basis drugstore gadgets you’re most likely already shopping for, like first support, insoles, chilly meds while you’re feeling below the climate, zits therapies, female hygiene, and even contact lenses and breast pumps.
If they assist deal with or handle frequent well being issues, they often make the lower.
Are Dietary supplements HSA & FSA Eligible?
There are some nutritional vitamins and dietary supplements akin to prenatal nutritional vitamins, rehydration options, and fiber laxatives that mechanically 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 a must to do is join with our telehealth companion Truemed to see in case you qualify. It’s tremendous easy: Simply fill out an on-line questionnaire — no video appointment obligatory! — and in case you’re eligible, you’ll get a Letter of Medical Necessity (LMN) that you simply’ll undergo your HSA/FSA together with your receipts.
What BODi Dietary supplements & Bundles Are HSA/FSA Eligible with an LMN?
Get began together 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 fitness center membership, health tools, and weight reduction applications will not be mechanically coated by your HSA/FSA. You’ll want a physician to prescribe them first.
We’ve made it quick and simple so that you can get a web based session to see in case you qualify, by way of 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 together with your receipts.
And the most effective half is, you don’t even want an appointment or video name. You simply should fill out just a few on-line questions.
What BODi Health Merchandise Are FSA/HSA Eligible with an LMN?
Get began together with your Dr. B medical session right here.
Essential notice: Dr. B can solely present health eligibility LMNs. Use Truemed if you wish to be coated for each health and vitamin merchandise. Get began together with your Truemed session right here.
Why Would I Be Eligible for a Letter of Medical Necessity?
You may suppose you don’t have any well being issues that will 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 may suggest weight reduction, health, or complement merchandise as a part of your prevention or therapy plan.
There are plenty 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 and not using a 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 obligatory!
- If you happen to qualify, you’ll obtain your Letter of Medical Necessity, legitimate for 12 months, through electronic 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 may 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 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 obligatory!
- If you happen to qualify, you’ll obtain your Letter of Medical Necessity, legitimate for 12 months, through electronic 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, Get well, Energize, and extra (which may 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 properly are key to managing every kind 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 can assist you get the outcomes you need to assist really feel your greatest every day.
For qualifying people, BODi’s wellness options could be a number of the greatest 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.
Searching 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.
