The query of whether or not digital well being trackers could be bought utilizing funds from Versatile Spending Accounts (FSAs) or Well being Financial savings Accounts (HSAs) is a frequent one. These accounts are pre-tax financial savings plans used for eligible healthcare bills. Whether or not a selected system qualifies usually relies on its major perform and if it is prescribed by a healthcare skilled to deal with or mitigate a selected medical situation.
The potential for utilizing FSA/HSA funds on gadgets like these hinges on their capability to enhance well being outcomes. Historically, eligible bills included gadgets straight associated to medical care or remedy. Nevertheless, with the rise of know-how targeted on wellness and illness administration, the rules have turn into extra nuanced. A Letter of Medical Necessity (LMN) from a physician is commonly required to show that the system is a vital software for managing a identified well being situation, making the expense probably eligible.
