Questioning if you need to use 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 purpose at BODi is to get in form, reduce weight, eat higher, enhance coronary heart well being, or assist handle or stop a situation, you could possibly have your prices lined 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 %!
Preserve studying to see when you qualify — and uncover how you 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 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 (hey, financial savings!), however you would possibly even drop right into a decrease tax bracket, since this cash doesn’t depend towards your taxable earnings.
There may be one tiny catch to find out about: When you’ve received 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.)
When you’re apprehensive 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 may really purchase with these HSA/FSA {dollars}? The checklist is method longer than you would possibly assume! So, when you’re stressing about utilizing up your FSA cash earlier than it expires, don’t fear — you’ve received tons of choices.
You should use 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 beneath the climate, zits 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 similar 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 must do is join with our telehealth associate Truemed to see when you qualify. It’s tremendous easy: Simply fill out an on-line questionnaire — no video appointment mandatory! — and when 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 fitness center membership, health gear, and weight reduction applications are usually not mechanically lined by your HSA/FSA. You’ll want a health care provider to prescribe them first.
We’ve made it quick and straightforward so that you can get a web-based session to see when you qualify, by means of our telehealth companions, Truemed and Dr. B. When you’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.
Vital word: Dr. B can solely present health eligibility LMNs. Use Truemed if you wish to be lined 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 would possibly assume you don’t have any well being considerations that may qualify you for an LMN, however you’d be shocked.
When you’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 would possibly advocate weight reduction, health, or complement merchandise as a part of your prevention or remedy plan.
There are quite a lot 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 with out a video name and supply the Letter of Medical Necessity required to be reimbursed on your eligible BODi purchases, when you qualify.
With Dr. B, qualifying clients 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 mandatory!
- When you 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 on your BODi Subscriptions, Digital Purchases, and the BODi Subscription price of any bundle (which may prevent 20 to 40 %!).
- Reimbursement applies to all purchases made after receipt of the LMN (even on the identical day!).
With Truemed, qualifying clients 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 mandatory!
- When you 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 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 may 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 energetic and consuming properly 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 applications to vitamin dietary supplements and consuming plans, these instruments can assist you get the outcomes you wish to assist really feel your greatest every day.
For qualifying people, BODi’s wellness options will be a few 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 give attention to what issues most — your well being.
Searching 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.
