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 diet dietary supplements?
Whether or not your well being aim at BODi is to get in form, shed pounds, eat higher, enhance coronary heart well being, or assist handle or stop a situation, you could possibly 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 diet merchandise — in the end saving you as much as 40 p.c!
Hold studying to see should you qualify — and uncover methods 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 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 (hey, financial savings!), however you may even drop right into a decrease tax bracket, since this cash doesn’t depend towards your taxable revenue.
There’s one tiny catch to learn about: In case you’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 test along with your supplier.)
In case you’re frightened 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’s yours to maintain, no expiration date in sight.
What Can I Spend My HSA/FSA {Dollars} On?
Attempting to determine what you possibly can really purchase with these HSA/FSA {dollars}? The listing is manner longer than you may assume! 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 plenty of on a regular basis drugstore objects you’re most likely already shopping for, like first assist, insoles, chilly meds whenever you’re feeling beneath the climate, zits therapies, female hygiene, and even contact lenses and breast pumps.
If they assist deal with or handle widespread well being considerations, they often make the reduce.
Are Dietary supplements HSA & FSA Eligible?
There are some nutritional vitamins and dietary supplements resembling 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 should you qualify. It’s tremendous easy: Simply fill out an on-line questionnaire — no video appointment needed! — and should you’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 Applications & Fitness center Memberships?
Identical 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 physician to prescribe them first.
We’ve made it quick and simple so that you can get an internet session to see should you qualify, by 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 one of the best half is, you don’t even want an appointment or video name. You simply must 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 be aware: Dr. B can solely present health eligibility LMNs. Use Truemed if you wish to be coated for each health and diet merchandise. Get began along with your Truemed session right here.
Why Would I Be Eligible for a Letter of Medical Necessity?
You may assume you don’t have any well being considerations that might qualify you for an LMN, however you’d be shocked.
In case you’re coping with any type 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 suggest weight reduction, health, or complement merchandise as a part of your prevention or therapy plan.
There are loads of on a regular basis well being points that may be managed with the assistance of train and diet, so it’s all the time 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 with out a video name and supply the Letter of Medical Necessity required to be reimbursed on 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 needed!
- 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 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 needed!
- 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 lively and consuming effectively are key to managing all types of well being considerations and serving to you reside a more healthy, extra fulfilling life. From BODi’s health packages to diet 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 could 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.
Searching for Extra Data 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.
