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 purpose at BODi is to get in form, drop some pounds, eat higher, enhance coronary heart well being, or assist handle or forestall 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 — in the end saving you as much as 40 %!
Hold studying to see should you qualify — and uncover how one can 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 to 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 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 rely towards your taxable revenue.
There’s one tiny catch to find out 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 along with your supplier.)
If you happen to’re apprehensive 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?
Making an attempt to determine what you possibly can really purchase with these HSA/FSA {dollars}? The listing is manner longer than you may suppose! So, should you’re stressing about utilizing up your FSA cash earlier than it expires, don’t fear — you’ve obtained tons of choices.
You should utilize your HSA/FSA funds for many on a regular basis drugstore gadgets you’re in all probability already shopping for, like first assist, insoles, chilly meds once you’re feeling below the climate, pimples remedies, female hygiene, and even contact lenses and breast pumps.
If they assist deal with or handle widespread well being considerations, 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 health care provider first.
All you need to do is join with our telehealth companion Truemed to see should you qualify. It’s tremendous easy: Simply fill out an on-line questionnaire — no video appointment essential! — and should 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 Applications & Gymnasium Memberships?
Similar to with dietary supplements, your BODi gymnasium membership, health gear, and weight reduction packages are usually not mechanically coated by your HSA/FSA. You’ll want a health care provider to prescribe them first.
We’ve made it quick and simple so that you can get a web-based session to see should 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 along with your receipts.
And the perfect 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.
Essential word: 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 may suppose you don’t have any well being considerations that will qualify you for an LMN, however you’d be shocked.
If you happen to’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 considerations, your physician may advocate weight reduction, health, or complement merchandise as a part of your prevention or remedy plan.
There are a number of on a regular basis well being points that may be managed with the assistance of train and vitamin, so it’s all the time 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 and not using a video name and supply the Letter of Medical Necessity required to be reimbursed to your eligible BODi purchases, should you qualify.
With Dr. B, qualifying prospects can get reimbursed for HSA/FSA-eligible BODi health purchases solely, by following this easy course of:
- Go to Dr. B utilizing this hyperlink for a one-time $15 on-line session. No video name essential!
- If you happen to qualify, you’ll obtain your Letter of Medical Necessity, legitimate for 12 months, through e-mail.
- Submit the letter and your new BODi receipts to your HSA/FSA administrator.
- Get reimbursed to your BODi Subscriptions, Digital Purchases, and the BODi Subscription price 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 easy course of:
- Go to Truemed utilizing this hyperlink for a one-time $15 on-line session. No video name essential!
- If you happen to qualify, you’ll obtain your Letter of Medical Necessity, legitimate for 12 months, through e-mail.
- Submit the letter and your new BODi receipts to your HSA/FSA administrator.
- Get reimbursed to your BODi Subscriptions, Digital Purchases, and the BODi Subscription price of any bundle, or get reimbursed to your dietary supplements, together with Shakeology, Get well, 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 every kind of well being considerations 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 can assist you get the outcomes you need to assist really feel your greatest every day.
For qualifying people, BODi’s wellness options may 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 deal with what issues most — your well being.
On the lookout for Extra Data on BODi HSA/FSA Reimbursement?
Nonetheless have questions? Try our FAQ web page “Utilizing your HSA/FSA with Truemed or Dr. B” for extra particulars.