Use Your FSA and HSA Account for Dry Eye

At the Dry Eye Center of Maryland, we understand that the cost of dry eye treatment can be a concern for some patients. That’s why we want to make it easier for you to access the care you need. If you have a flexible spending account (FSA) or a health savings account (HSA), you may be able to use those funds to cover the cost of your dry eye services and treatments. Our team can provide you with the necessary documentation and receipts for your FSA or HSA account. Don’t let cost be a barrier to receiving the care you need. Contact us today to learn more about using your FSA or HSA account for dry eye treatment.

A Health Savings Account (HSA) is a tax-advantaged savings account that is used in conjunction with a high-deductible health plan (HDHP). HSAs were created to help individuals save money on healthcare costs and give them more control over their healthcare spending. Contributions to an HSA are tax-deductible, and the funds can be used to pay for qualified medical expenses, including those related to dry eye treatment. Unlike a Flexible Spending Account (FSA), unused HSA funds roll over from year to year, making it a great way to save for future healthcare expenses. HSAs are portable, meaning you can take it with you if you change jobs or retire.

A Flexible Spending Account (FSA) is a tax-advantaged savings account that is used to pay for eligible out-of-pocket healthcare expenses. With an FSA, you can set aside pre-tax dollars from your paycheck to cover qualified medical expenses, including dry eye treatment. FSA funds must be used by the end of the plan year or you risk losing the money. However, some plans offer a grace period or a carryover provision, allowing you to use the funds beyond the plan year. The funds in an FSA cannot be carried over from one year to the next, so it’s important to plan your contributions carefully. FSAs can help you save money on healthcare expenses while reducing your taxable income.

Yes, both Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) can be used for dry eye treatment and services. Many insurance plans consider dry eye treatment as a medical necessity, which makes it eligible for reimbursement from FSA or HSA funds. You can use your FSA or HSA funds to pay for qualified medical expenses related to dry eye treatment, including office visits, diagnostic tests, prescription medications, and even specialized equipment like heated eye masks. However, it’s important to check with your insurance provider and plan administrator to confirm the specific coverage and reimbursement policies. At the Dry Eye Center of Maryland, our team can assist you in obtaining the necessary documentation and receipts for your FSA or HSA account.