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Are you wondering if you can use a Health Savings Account (HSA) or a Flexible Spending Account (FSA) to pay your bills? BODi SubscribeBuy digital program Fitness and meal planning, or nutritional supplements?
Whether your BODi health goals are to get fit, lose weight, eat better, improve heart health, or help manage or prevent disease, you can use funds from your HSA/FSA to cover your expenses.
BODi has partnered with telemedicine platform Truemed and Dr. B to help you determine if your HSA or FSA funds can cover BODi fitness and nutrition products, which can save you up to 40%!
Read on to find out if you qualify and learn how to make the most of your HSA or FSA funds through BODi.
What is an HSA/FSA?
You can think of Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) as special piggy banks for your health spending, but even better, because they’re completely tax-free.
These accounts allow you to set aside money from your paycheck for common medical expenses, such as doctor’s appointments, prescription medications, and necessities like sunscreen and Band-Aids.
Your employer will typically set up the account and do all the heavy lifting.
They automatically save the amount you choose from your paycheck before taxing you.
Not only will you be able to use the money tax-free (hello, savings!), but you might even be in a lower tax bracket because the money doesn’t count toward your taxable income.
There’s a little detail you should know. If you have an FSA, you have until December 31st to use the money or you’ll lose it! (Though some plans have exceptions, so check with your provider.)
If you’re worried about deadlines to use or lose your funds, here’s good news: HSA funds are handled differently. Whatever you put there is yours and has no expiration date.
What can my HSA/FSA funds be used for?
Wondering what exactly you can buy with your HSA/FSA money? The list is much longer than you think!
So if you’re worried about using your FSA funds before they expire, don’t worry because you have plenty of options.
You can use HSA/FSA funds to purchase many everyday medications you may already buy, such as first aid supplies, shoe inserts, cold medicine for when you’re sick, acne treatments, feminine hygiene products, and even contact lenses and breast pumps.
They are usually approved if they help treat or manage common health problems.
Can I purchase supplements through an HSA or FSA?
Some vitamins and supplements, such as prenatal vitamins, fluids, and fiber laxatives, are automatically eligible for HSA and FSA reimbursement.
As with all other supplements and vitamins, including BODi supplements, you first need your doctor’s approval.
All you have to do is contact our telemedicine partner Truemed to see if you qualify.
Very simple: fill in a Online questionnaire (You do not need a video appointment!) If you qualify, you will receive a medical necessity letter to submit to your HSA/FSA along with your receipt.
HSA/FSA Which supplements and BODi packages qualify for Certificate of Medical Necessity?
To start your 2-minute Truemed medical consultation now, click here.
Can I use HSA/FSA funds for fitness programs and gym memberships?
Like supplements, BODi’s gym memberships, fitness equipment, and weight loss programs are not automatically covered by your HSA/FSA.
You first need a prescription from your doctor.
We have developed an online consultation process to make it easier and faster to find out if you qualify through our telemedicine partners Truemed and Dr. B.
If you qualify, you will receive a medical necessity letter that you will need to submit with your receipt to your HSA/FSA.
Best of all, you don’t even need an appointment or video call. All you have to do is answer a few questions online.
Which BODi fitness products are HSA/FSA eligible and have certification of medical necessity?
Start a medical consultation with Dr. B here.
IMPORTANT NOTE: Dr. B can only provide proof of medical necessity for fitness product qualifications. If you want to cover both fitness and nutrition products, use Truemed. Start a medical consultation with Truemed here.
Why do you qualify for a Certificate of Medical Necessity?
You may not think you have any medical conditions that qualify as medical necessity, but you may be surprised.
If you have any health problems, such as obesity, diabetes, high blood pressure, heart problems, persistent back pain, high cholesterol, or even mental health issues, your doctor may recommend losing weight, getting in shape, or taking supplements such as your preventive or treatment plan.
There are many everyday health issues that can be addressed with exercise and nutrition, so getting checked out is always a good idea.
Find out now if you can get a refund on your BODi products
Both Dr. B and Truemed can assess your health online in as little as 2 minutes, no video call required, and provide you with the necessary medical necessity letter (if you qualify) for your qualifying BODi purchase to reimburse.
Eligible customers can receive refunds through Dr. B Limited to purchase of BODi fitness products To qualify for an HSA/FSA, follow this simple process:
- access PhD. Second Follow this link for a $15 online consultation. You don’t need to make a video call!
- If you qualify, you will receive your medical necessity letter via email, which will be valid for 12 months.
- Send the letter and new BODi receipt to your HSA/FSA administrator.
- Get cash back on BODi subscriptions, digital purchases, and BODi subscription fees (which can save you 20% to 40%!).
- Refunds are available for all purchases made after receiving the letter of medical necessity (even the same day!)
Through Truemed, eligible customers can receive refunds Used to purchase supplements and fitness products from BODi To qualify for an HSA/FSA, follow this simple process:
- access Trumed Follow this link for a $15 online consultation. You don’t need to make a video call!
- If you qualify, you will receive your medical necessity letter via email, which will be valid for 12 months.
- Send the letter and new BODi receipt to your HSA/FSA administrator.
- Get discounts on BODi subscriptions, digital purchases, and subscription fees for any BODi package, or get discounts on supplements including Shakeology, Recover, Energize, and more (this can save you 20% to 40%!).
- Refunds are available for all purchases made after receiving the letter of medical necessity (even the same day!)
HSA or FSA Prioritize your health and fitness
Staying active and eating well are keys to managing a variety of health issues and helping you enjoy a fulfilling and healthy life.
From BODi fitness plans to nutritional supplements and meal plans, these tools can help you get the results you want so you can feel better every day.
For those who qualify, BODi Health Solutions may be the best option for spending HSA or FSA funds.
HSA and FSA qualified expenses can significantly reduce costs, allowing you to focus on what matters most: your health.
Looking for more information about HSA/FSA reimbursement for BODi products?
Still have questions? Check out our FAQ page How to use your HSA/FSA with Truemed or Dr. B Learn more.
