The IRS expanded the list of HSA-eligible items via the 2020 CARES Act. Sarah is intuitive, insightful and so easy to work with. Health savings accounts can be used for qualified medical expenses. The cost of yoga therapy was an investment in my health and wellness, and it ended up paying for itself in one month because of being able to discontinue that prescription. I was delighted that I was able to discontinue use of a maintenance prescription that cost over $300 per month. The course of yoga therapy improved my sleep, my fitness, and my digestion. The HSA can only be used to pay for eligible. Eligible expenses can be incurred by you, your spouse, or qualified dependents. Proof of your payment (e.g., receipt, automatic bank withdrawal statement) for the gym fee, as well as any money you paid for qualifying fitness classes and. The Long Answer According to the IRS, expenses for medical care that are not covered by insurance can be paid for with HSA funds. Funds from a Health Savings Account (HSA) can be used for mental health care to offset the cost of therapy appointments, hospital co-pays, prescriptions, and more. Below is a partial list of eligible expenses that are reimbursable through a Health Savings Account (HSA). The Short Answer Yes, yoga mats are HSA eligible, but only in certain circumstances. If you have a prescription from a doctor or chiropractor stating the medical necessity, then yes, your massage qualifies as an HSA eligible expense. Sarah was able to identify and treat the root causes of my shoulder pain and virtually eliminate it. An eligible expense is a health care service, treatment, or item the IRS states can be paid for without taxes. I expected some wonderfully relaxing private yoga sessions, but it was so much more than that. When I learned that my amazing yoga teacher, Sarah, was also a yoga therapist, I signed up to do a course of yoga therapy with her. HDHPs can be combined with a health savings account or a health reimbursement arrangement that allows for payment of qualified out-of-pocket medical expenses on a pre-tax basis. I started practicing yoga and taking better care of myself when I retired, but I struggled with shoulder pain that just wouldn’t go away. A high deductible health plan (HDHP) is a health insurance policy that features higher deductibles and lower premiums than traditional insurance plans. Working with Sarah has been a truly transformational experience for me.
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