FSA Discounts up to 25% with an FSA Eligible Items promo code or coupon. Unlock savings on Prescription eyeglasses and contact lenses, Over-the-counter medications, mobility equipment, and diabetic supplies.
- Letter of Medical Necessity?
- $10 off Sitewide @ LifeExtension.com
- Complete Pair from $99 @ LensCrafters
- 15% Off Military Discount @ ContactsDirect
- $15 off: FSA Sale @ 39dollarglasses.com
- 40% off Sitewide @ PatchMD
- Up to 25% off: Frame Sale @ Eyeconic
- AARP Member Discounts @ Glasses.com
- 20% Off VSP Members @ Eyeconic
- Walmart $4 Prescriptions
FSA-eligible items are those that are considered to be medical expenses and are, therefore, qualified for reimbursement from an FSA account.
It’s worth noting that the list of FSA-eligible items may vary depending on the specific plan and the employer. It’s always recommended to check with your plan administrator or insurance provider to confirm what items are covered.
Check this page for the latest offers and exclusive FSA Item coupons to help get you the best possible prices for flexible spending and health savings account-related products.
What is a FSA Account?
A flexible spending account (FSA) is a type of savings account that allows you to set aside money on a pre-tax basis to pay for certain out-of-pocket health care expenses. Employers typically offer FSAs as part of a benefits package. The account can pay for various eligible medical expenses, such as copayments, deductibles, and some prescription drugs. The main advantage of an FSA is that it can save you money on your taxes by reducing your taxable income. However, it is important to note that the money in an FSA must be used within a specific time frame, typically a year, or it will be forfeited.
Some examples of FSA-eligible items include:
- Prescription eyeglasses and contact lenses
- Over-the-counter medications
- First-aid kits
- Nursing equipment
- Diabetic supplies
- Physical therapy
- Medical equipment such as crutches, wheelchairs, and blood glucose monitors
FSA: stands for Flexible Spending Account.
HSA: Health Savings Account
Employees can use FSA funds throughout the current year for qualified medical expenses not covered by their health plan.
You can use your FSA account to pay for various healthcare products and services for you, your spouse, and your dependents. The IRS determines which expenses are eligible for reimbursement.
What is FSA use-or-lose provision?
The “use-or-lose” provision is a feature of some Flexible Spending Accounts (FSAs) that requires account holders to use all of the funds in their account by a certain date, usually the end of the plan year, or forfeit any remaining funds. The purpose of this provision is to encourage account holders to spend the funds in their account on eligible expenses rather than letting the money go unused.
This provision applies to “Health Care FSAs” and “Dependent Care FSAs” but not to “Limited Purpose FSAs” and “Post-Deductible FSAs”
It’s important to note that this rule may vary depending on the plan; some employers offer a grace period of 2.5 months after the plan year’s end to use the remaining funds. The carryover option is also available in some plans, where you can carryover up to $550 to the next plan year.
It’s always recommended to check with your plan administrator or insurance provider to confirm the details of the use-or-lose provision of your FSA plan, so you can plan ahead and use your funds effectively before they expire.
Get FSA-approved health products at deep discounts with FSA coupons.
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FSA-Eligible Medical Items
|Athletic Braces & Supports
Breast Pumps & Accessories
Blood Glucose Monitors & Test Strips
Blood Pressure Monitors
Braces & Elastic Supports
Children’s First Aid
Contact Lens Solution
Denture Cream & Cleansers
Diabetes Care Accessories
Ear Care: Ear Drops, Ear Syringes, Earplugs, Earwax Removal
Eye Glass & Lens Accessories
First Aid Kits
First Aid Treatments & Supplies
Hearing Aid Batteries
Home Medical Equipment
Heating Pads & Wraps
Hot & Cold Packs
|Medical Monitoring & Testing Devices
Motion Sickness Aids
Orthopedic & Surgical Supports
Pregnancy & Fertility Tests
Reading Glasses & Magnifiers
Shoe Insoles & Inserts
Vaporizers & Inhalers
Wheelchairs, Mobility Scooters & Accessories
Many items like Air conditioners, Air filters, and Air Purifier may, in limited circumstances, be eligible with a Letter of Medical Necessity (LMN) with a flexible spending account (FSA), health savings account (HSA), or a health reimbursement arrangement (HRA).
To qualify, the primary purpose of FSA-Eligible items must be for treatment, diagnosis, mitigation, or cure of a medical condition or disease.
Letter of Medical Necessity?
A letter of medical necessity (LMN) is a document that a healthcare provider, such as a doctor or optometrist, writes to explain the medical reason for a patient to use a particular medical device or service. The letter is usually required by insurance companies, Flexible Spending Accounts (FSAs), or other third-party payers to approve coverage or reimbursement for the device or service.
An LMN typically includes the following information:
- The patient’s name, date of birth, and diagnosis
- The specific medical device or service that is being requested
- The medical necessity for the device or service, including how it will help the patient and any alternative treatments that have been considered
- The expected outcome or benefits of the device or service
- Any additional information that is relevant to the patient’s condition or treatment, such as test results or previous treatments
For example, if a patient is requesting coverage for a pair of progressive lenses, the LMN would explain why the patient needs the progressive lenses (e.g. the patient has presbyopia), the expected outcome of the progressive lenses (e.g., improved near and intermediate vision) and any alternative treatment considered (e.g., bifocals or reading glasses)
It’s important to note that the exact requirements for an LMN may vary depending on the insurance company or third-party payer, so it’s always best to check with them for specific guidelines. Additionally, the LMN should be written by a licensed healthcare professional familiar with the patient’s condition, and it should be submitted along with the required documentation for reimbursement.
$10 off Sitewide @ LifeExtension.com$10 off
Complete Pair from $99 @ LensCrafters$99 Promo
15% Off Military Discount @ ContactsDirect15% Off
$15 off: FSA Sale @ 39dollarglasses.com$15 off
40% off Sitewide @ PatchMD40% off
Up to 25% off: Frame Sale @ Eyeconic25% off
AARP Member Discounts @ Glasses.comBig Savings
20% Off VSP Members @ Eyeconic20% Off
Walmart $4 PrescriptionsHuge Savings
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