Questioning if you should utilize 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 objective at BODi is to get in form, drop a few pounds, eat higher, enhance coronary heart well being, or assist handle or stop 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 can assist 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 %!
Hold studying to see if you happen to qualify — and uncover find out 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 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 robotically 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 (good day, financial savings!), however you would possibly even drop right into a decrease tax bracket, since this cash doesn’t rely towards your taxable earnings.
There’s one tiny catch to find out about: In the event 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 positively examine together with your supplier.)
In the event you’re fearful 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 may be yours to maintain, no expiration date in sight.
What Can I Spend My HSA/FSA {Dollars} On?
Making an attempt to determine what you’ll be able to truly purchase with these HSA/FSA {dollars}? The listing is manner longer than you would possibly suppose! So, if you happen to’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 most likely already shopping for, like first help, insoles, chilly meds while you’re feeling underneath the climate, pimples 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 minimize.
Are Dietary supplements HSA & FSA Eligible?
There are some nutritional vitamins and dietary supplements reminiscent of prenatal nutritional vitamins, rehydration options, and fiber laxatives that robotically 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 associate Truemed to see if you happen to qualify. It’s tremendous easy: Simply fill out an on-line questionnaire — no video appointment crucial! — and if you happen to’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 Applications & Health club Memberships?
Identical to with dietary supplements, your BODi gymnasium membership, health tools, and weight reduction packages usually are not robotically lined by your HSA/FSA. You’ll want a physician to prescribe them first.
We’ve made it quick and straightforward so that you can get an internet session to see if you happen to qualify, by way of our telehealth companions, Truemed and Dr. B. In the event you’re eligible, you’ll get a Letter of Medical Necessity (LMN), which you’ll undergo your HSA/FSA together with your receipts.
And the perfect half is, you don’t even want an appointment or video name. You simply should fill out just a few 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 notice: 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 would possibly suppose you don’t have any well being considerations that might qualify you for an LMN, however you’d be shocked.
In the event 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 would possibly suggest weight reduction, health, or complement merchandise as a part of your prevention or therapy plan.
There are a variety 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 and not using a video name and supply the Letter of Medical Necessity required to be reimbursed in your eligible BODi purchases, if you happen to 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 crucial!
- In the event 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 in your BODi Subscriptions, Digital Purchases, and the BODi Subscription value of any bundle (which might 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 crucial!
- In the event 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 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 might 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 nicely 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 might help you get the outcomes you wish to assist really feel your greatest every day.
For qualifying people, BODi’s wellness options might be a few of the greatest issues to spend your HSA or FSA cash on. FSA- and HSA-eligible bills can considerably scale back prices, permitting you to concentrate on what issues most — your well being.
In search of 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.
