This is the time of year when people are applying for HSA eligible health plans with the most advantageous effective dates of January 1. One of the things that is important to understand when applying for an HSA , is what medical expenses are considered to be qualified medical expenses and thus will go against your annual deductible.
Below is an updated list of what medical expenses are considered to be “HSA qualified medical expenses” for 2012. This list is not 100% comprehensive. There may be other types of expenses that are covered under specific circumstances
Acupuncture Alcoholism – treatment programs Ambulance service Wheelchair Birth Control Pills Services for the Blind Braces Capital Expenditures – home modifications for the handicapped Car Equipment – to accommodate wheelchair and/or handicapped Childbirth Preparation Classes Chiropractors Contact Lenses – replacement insurance, not the filling of prescription for disposable lenses for example Crutches Services and Equipment for hearing impaired Dental Fees Dentures Diagnostic Fees Doctor’s Fees Drug Addiction Recovery Programs Drugs – prescription or over-the-counter (over-the counter drugs are eligible only if prescribed by doctor) Dyslexia Language Training Eyeglasses and Exams Fluoride treatment Insulin Laboratory Fees Laetrile – by prescription Lazer eye surgery Lead Paint Removal Lifetime Medical Care – prepaid; retirement home Artificial Limbs Nursing Home – medical reasons Obstetrical Expenses Optometrists Orthodontia Orthopedic Shoes Oxygen / Oxygen Equipment Prosthesis Psychiatric Care Psychologists Psychotherapists Sanitarium Rest Home – medical, educational, rehabilitative services Sexual Dysfunction Treatment Sterilization Surgical Fees Teeth – artificial Therapy Treatments – prescribed by a physician Weight Loss Programs – as a treatment for the disease of obesity X-rays Smoking cessation programs Vasectomy Vision correction
This is the time of year when people are applying for HSA eligible health plans with the most advantageous effective dates of January 1. One of the things that is important to understand when applying for an HSA , is what medical expenses are considered to be qualified medical expenses and thus will go against your annual deductible.
Below is an updated list of what medical expenses are considered to be “HSA qualified medical expenses” for 2012. This list is not 100% comprehensive. There may be other types of expenses that are covered under specific circumstances
Acupuncture
Alcoholism – treatment programs
Ambulance service
Wheelchair
Birth Control Pills
Services for the Blind
Braces
Capital Expenditures – home modifications for the handicapped
Car Equipment – to accommodate wheelchair and/or handicapped
Childbirth Preparation Classes
Chiropractors
Contact Lenses – replacement insurance, not the filling of prescription for disposable lenses for example
Crutches
Services and Equipment for hearing impaired
Dental Fees
Dentures
Diagnostic Fees
Doctor’s Fees
Drug Addiction Recovery Programs
Drugs – prescription or over-the-counter (over-the counter drugs are eligible only if prescribed by doctor)
Dyslexia Language Training
Eyeglasses and Exams
Fluoride treatment
Insulin
Laboratory Fees
Laetrile – by prescription
Lazer eye surgery
Lead Paint Removal
Lifetime Medical Care – prepaid; retirement home
Artificial Limbs
Nursing Home – medical reasons
Obstetrical Expenses
Optometrists
Orthodontia
Orthopedic Shoes
Oxygen / Oxygen Equipment
Prosthesis
Psychiatric Care
Psychologists
Psychotherapists
Sanitarium Rest Home – medical, educational, rehabilitative services
Sexual Dysfunction Treatment
Sterilization
Surgical Fees
Teeth – artificial
Therapy Treatments – prescribed by a physician
Weight Loss Programs – as a treatment for the disease of obesity
X-rays
Smoking cessation programs
Vasectomy
Vision correction