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, shed weight, eat higher, enhance coronary heart well being, or assist handle or stop a situation, you could possibly have your prices coated 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 vitamin merchandise — finally saving you as much as 40 p.c!
Maintain studying to see should you qualify — and uncover easy methods 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 routinely 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 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: In case you’ve acquired 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 together with your supplier.)
In case you’re nervous about that use-it-or-lose-it deadline, right here’s some excellent news: HSA cash is completely 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 record is approach longer than you would possibly suppose! So, should you’re stressing about utilizing up your FSA cash earlier than it expires, don’t fear — you’ve acquired tons of choices.
You should use your HSA/FSA funds for plenty of 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, pimples therapies, female hygiene, and even contact lenses and breast pumps.
If they assist deal with or handle frequent well being issues, they normally make the minimize.
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 routinely 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 accomplice 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 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 & Health club Memberships?
Identical to with dietary supplements, your BODi fitness center membership, health gear, and weight reduction applications usually are not routinely coated 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 an internet session to see should you qualify, by way of 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 together 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 together with your Dr. B medical session right here.
Essential observe: Dr. B can solely present health eligibility LMNs. Use Truemed if you wish to be coated for each health and vitamin merchandise. Get began together with your Truemed session right here.
Why Would I Be Eligible for a Letter of Medical Necessity?
You would possibly suppose you don’t have any well being issues that may qualify you for an LMN, however you’d be shocked.
In case 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 issues, your physician would possibly suggest weight reduction, health, or complement merchandise as a part of your prevention or therapy 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 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 and not using a video name and supply the Letter of Medical Necessity required to be reimbursed in 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!
- In case you qualify, you’ll obtain your Letter of Medical Necessity, legitimate for 12 months, by way of electronic 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 value 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 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!
- In case you qualify, you’ll obtain your Letter of Medical Necessity, legitimate for 12 months, by way of electronic 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 value of any bundle, or get reimbursed in your dietary supplements, together with Shakeology, Recuperate, 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 every kind of well being issues 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 will help you get the outcomes you need to assist really feel your greatest every day.
For qualifying people, BODi’s wellness options will 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 deal with what issues most — your well being.
On the lookout for Extra Info 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.
