What are flexible spending and health savings accounts?

Flexible spending accounts (FSA) and health savings accounts (HSA) allow you to put aside pre-tax money to use on eligible out-of-pocket health care costs.

If your doctor recommends weight loss for a specific condition (including but not limited to obesity, hypertension, or heart disease) the Internal Revenue Service (IRS) will allow you to use funds from your pre-tax accounts such as your FSA or HSA to pay with tax-free dollars. 

 

What can I purchase with my FSA or HSA?

If eligible, you may use FSA and HSA dollars for any Flexible Fasting Membership. By taking advantage of this benefit, you’ll use pre-tax dollars that have been set aside in your FSA or HSA account to pay for your Flexible Fasting Membership.​

Please note, you can not include the cost of diet food or beverages in medical expenses. Diet food and beverages substitute for what is normally consumed to satisfy nutritional needs. 

 

How do I use my FSA/HSA to pay for Flexible Fasting?

1. Obtain a Letter of Medical Necessity from your doctor that recommends weight loss for a specific condition. A sample letter is in the link below. Note: Flexible Fasting does not require your letter of medical necessity—it is only for your records.

2. Purchase any Flexible Fasting Membership—we recommend a yearly plan to simplify the reimbursement process. 

3. Print your membership purchase receipt, which is sent via email when you join and submit the letter of medical necessity and receipt to your FSA/HSA provider to be reimbursed. Please note, claim processes vary by plan so please check with your provider or HR representative.

4. Your HSA provider may have their own specific form they want you to use. If not, you can download one provided in the link below.    

5. For any Declined Payment contact the Bank providing your HSA Credit Card and have them approve the purchase. 

When is the cut-off for purchasing a membership with FSA dollars? 

If your benefits expire at the end of the year, you have until December 31 at 11:59 p.m. ET to purchase a membership with your FSA dollars for the current calendar year. Double-check with your carrier for details on your plan.

*Flexible Fasting does not provide medical, healthcare benefit, or tax advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for medical, healthcare benefit, or tax advice. You should consult your own medical professional and/or FSA/HSA provider before engaging in any transaction. For additional information about FSA/HSA, log on to https://www.irs.gov/publications/p502#en_US_2019_publink1000179034or consult your tax advisor.