Medity Health

June 20, 2023

As a healthcare consumer, you may be aware that Flexible Spending Accounts (FSAs) can be used to purchase a variety of health-related items, including compression garments. However, it is important to note that FSA benefits typically expire on an annual basis, so it is important to use your funds wisely before they disappear.

Compression garments are elastic or tight-fitting garments that are worn to provide support and compression to muscles and joints. They are often used to help with a variety of conditions, such as:

• Varicose veins
• Edema (swelling)
• Lymphedema
• Arthritis
• Sports injuries
• And much more

To use your FSA money for compression garments, you will need to purchase them from an eligible retailer. You can then submit a claim to your FSA administrator for reimbursement. Be sure to keep your receipt so that you can include it with your claim.

Here are a few tips for using FSA money for compression garments before your benefits expire:

• Check your FSA balance regularly. This will help you to track your spending and make sure that you are not exceeding your annual limit.
• Consider your needs. Do you really need a compression garment? If you are not sure, talk to your doctor.
• Buy in bulk. If you know that you will need compression garments for an extended period of time, you may want to consider buying them in bulk. This can help you save money.

Compression garments can be a valuable tool for managing a variety of health conditions. By using FSA money to purchase compression garments, you can save money on your healthcare costs. However, it is important to note that FSA benefits typically expire on an annual basis, so be sure to use your funds wisely before they disappear.

If you have any questions about using your FSA/HSA card, reach out to us at support@medityhealth.com or give us a call at (866) 945-4766.

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