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, 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 lined together 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 — finally saving you as much as 40 p.c!
Maintain studying to see in the event 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 in your well being bills — however approach 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 normally 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 (whats up, financial savings!), however you may even drop right into a decrease tax bracket, since this cash doesn’t rely towards your taxable earnings.
There may be one tiny catch to learn about: For those who’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 positively verify together with your supplier.)
For those who’re anxious about that use-it-or-lose-it deadline, right here’s some excellent news: HSA cash is totally 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 may truly purchase with these HSA/FSA {dollars}? The record is approach longer than you may assume! So, in the event 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 gadgets you’re in all probability already shopping for, like first help, insoles, chilly meds whenever you’re feeling beneath the climate, zits remedies, female hygiene, and even contact lenses and breast pumps.
If they assist deal with or handle frequent well being issues, they normally make the reduce.
Are Dietary supplements HSA & FSA Eligible?
There are some nutritional vitamins and dietary supplements comparable 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 in the event you qualify. It’s tremendous easy: Simply fill out an on-line questionnaire — no video appointment vital! — and in the event 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?
Identical to with dietary supplements, your BODi gymnasium membership, health gear, and weight reduction packages usually are not mechanically lined 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 an internet session to see in the event you qualify, by way of our telehealth companions, Truemed and Dr. B. For those who’re eligible, you’ll get a Letter of Medical Necessity (LMN), which you’ll undergo your HSA/FSA together with your receipts.
And the very best half is, you don’t even want an appointment or video name. You simply must fill out a number of 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.
Vital observe: Dr. B can solely present health eligibility LMNs. Use Truemed if you wish to be lined for each health and diet merchandise. Get began together 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 issues that may qualify you for an LMN, however you’d be shocked.
For those who’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 issues, your physician may suggest weight reduction, health, or complement merchandise as a part of your prevention or remedy plan.
There are plenty 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 in your eligible BODi purchases, in the event you qualify.
With Dr. B, qualifying clients 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 vital!
- For those who 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 in your BODi Subscriptions, Digital Purchases, and the BODi Subscription price 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 clients 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 vital!
- For those who 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 in your BODi Subscriptions, Digital Purchases, and the BODi Subscription price of any bundle, or get reimbursed in your dietary supplements, together with Shakeology, Get better, 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 lively and consuming effectively are key to managing all types of well being issues 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 will help you get the outcomes you wish to assist really feel your greatest every day.
For qualifying people, BODi’s wellness options may 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 concentrate on 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.