Save Big When You Pay With HSA/FSA
You can use your HSA (Health Savings Account) or FSA (Flexible Spending Account) funds to purchase a sauna, making it a smart investment in your health and wellness! Saunas offer various health benefits, such as improved circulation, muscle recovery, and stress relief, and are often eligible for coverage with a doctor's letter of medical necessity.
We have partnered with Truemed to make this process even easier by simplifying the documentation and verification needed to use HSA/FSA funds, helping you navigate the approval process seamlessly. With Truemed's assistance, you can focus on enhancing your well-being while maximizing your healthcare savings.
It's Easy As 1, 2, 3...
Add To Cart
Add the desired products to your cart.
Select Truemed
Use Truemed as your payment option when you checkout.
Pay With Credit Card
Pay with your credit card or HSA/FSA card and then submit your purchase for reimbursement.
Buying a sauna with your HSA or FSA account offers significant tax benefits, making it a smart financial move. Contributions to HSA and FSA accounts are made with pre-tax dollars, meaning the money you use to purchase a sauna is not subject to income tax. This reduces your taxable income, allowing you to save money while investing in your health. Additionally, qualified medical expenses, like saunas for therapeutic use, are tax-free when purchased with these accounts. By using your HSA or FSA, you maximize your healthcare dollars, avoiding out-of-pocket expenses and keeping more of your money tax-free.
Common Questions
What is an HSA, FSA, or HRA?
Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and Health Reimbursement Arrangements (HRAs) are all pre-tax accounts used to pay for medical expenses, but they differ in several ways.
HSAs require enrollment in a high-deductible health plan and allow contributions from both individuals and employers, with unused funds rolling over each year. FSAs are offered by employers, funded by employee contributions, and may have limited rollover options or a grace period for using funds. HRAs are also employer-sponsored but solely funded by employers, with rollover rules varying by the employer's plan.
HSAs are portable and stay with you if you change jobs, while FSAs and HRAs are not portable.
How does Truemed Work?
IRS Publication 502 describes the expenses that may be paid for with pre-tax HSA/FSA accounts, including “payments for the diagnosis, cure, mitigation, treatment, or prevention of disease, and for treatments affecting any part or function of the body.” Some purchases like prescriptions and physicians visits are automatically qualified, while others require a Letter of Medical Necessity (LMN) issued by a licensed healthcare provider.
Truemed makes it easy for customers to find out if they qualify for HSA/FSA spending during checkout. After taking a short health survey, the customer’s answers are reviewed by a third party licensed medical providers and begin writing a Letter of Medical Necessity if the products/services may help cure, mitigate, treat, or prevent relevant diseases. Customers may checkout immediately using their HSA funds and will receive their LMN in 1-2 business days.
If customers do not have their HSA/FSA payment method handy, Truemed can also process their payment via credit or debit card and provide simple instructions on how to reimburse themselves from their HSA/FSA later.
How does using pre-tax money save you 30-40%?
By spending from an HSA or FSA, money that would be paid in taxes can be used for qualified health & wellness purchases.