Are you wondering if you can use a health savings account (HSA) or flexible spending account (FSA) to pay for bills? BODi subscriptionsdigitally purchasing fitness programs and meal plans, or nutritional supplements?
Whether your BODi health goal is to get fit, lose weight, eat better, improve heart health, or help manage or prevent a condition, you may be able to cover your costs with money from your HSA/FSA.
BODi has partnered with telehealth platforms Truemed and Dr. B to help you determine if your HSA or FSA funds can cover BODi fitness and nutrition products, which could save you up to 40%!
Read on to see if you qualify, and find out how to make the most of your HSA or FSA money with BODi.
What is an HSA/FSA?
Think of Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) as special piggy banks for your health expenses, but better because they’re completely tax-free.
These accounts allow you to set aside money from your payroll for common medical expenses, such as doctor visits, prescriptions, and essentials like sunscreen and Band-Aids.
Your employer usually creates the account and does all the heavy lifting.
They will automatically save the amount you choose from your payroll before they charge you taxes.
Not only will you be able to spend this money tax-free (hello, savings!), but you may even be moved down a tax bracket since this money doesn’t count toward your taxable income.
There is a small detail that you should know. If you have an FSA, you’ll have to use that money by December 31, or you’ll lose it! (Although some plans have exceptions, so check with your provider.)
If you’re worried about that deadline of using or losing your funds, here’s good news: HSA money is handled differently. Whatever you put there is yours, with no expiration date.
What can I spend my HSA/FSA money on?
Want to find out what you can really buy with your HSA/FSA money? The list is much longer than you think!
So if you’re worried about using your FSA money before it expires, don’t worry because you have tons of options.
You can use your HSA/FSA funds for many everyday pharmacy items that you’re probably already purchasing, such as first aid supplies, shoe inserts, cold medicine when you’re sick, acne treatments, feminine hygiene products and even contact lenses and breast pumps.
If they help treat or manage common health problems, they are usually approved.
Are supplements eligible to purchase with an HSA or FSA?
There are some vitamins and supplements, such as prenatal vitamins, rehydration solutions, and fiber laxatives, that automatically qualify for HSA and FSA reimbursement.
For all other supplements and vitamins, including BODi supplements, you will need approval from a doctor first.
All you have to do is contact our telehealth partner Truemed to see if you qualify.
It’s very simple: fill out an online questionnaire (no video appointment needed!) and if you’re eligible, you’ll get a letter of medical necessity to submit to your HSA/FSA with your receipts.
What supplements and BODi packages are HSA/FSA eligible with a letter of medical necessity?
Start your 2-minute Truemed medical consultation now by clicking here.
Can I use HSA/FSA money for fitness programs and gym memberships?
Like supplements, BODi’s gym membership, fitness equipment, and weight loss programs are not automatically covered by your HSA/FSA.
You will need a doctor to prescribe them to you first.
We have made the online consultation process to see if you qualify easier and faster through our telehealth partners, Truemed and Dr. B.
If you are eligible, you will get a letter of medical necessity, which you will need to submit to your HSA/FSA with your receipts.
And the best thing is that you don’t even need an appointment or a video call. You just have to answer a few questions online.
Which BODi fitness products are HSA/FSA eligible with a letter of medical necessity?
Start your medical consultation with Dr. B here.
Important note: Dr. B can only provide medical necessity letters of eligibility for fitness products. Use Truemed if you want coverage for both fitness and nutrition products. Start your medical consultation with Truemed here.
Why might you be eligible for a letter of medical necessity?
You might be thinking that you don’t have any health problems that qualify for a letter of 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 problems, your doctor may recommend losing weight, getting in shape, or taking supplements such as part of your prevention or treatment plan.
There are many everyday health problems that can be managed with the help of exercise and nutrition, so it’s always a good idea to check.
Find out now if you can receive a refund for BODi products
Both Dr. B and Truemed can evaluate your health status online in just 2 minutes, without a video call, and provide you with the necessary letter of medical necessity, if you qualify, to be reimbursed for your eligible BODi purchases.
With Dr. B, eligible customers can get a refund only for purchases of BODi fitness products eligible for HSA/FSA, following this simple process:
- Visit Dr. B. at this link for a single $15 online consultation. You don’t need to make a video call!
- If you qualify, you will receive your letter of medical necessity by email, valid for 12 months.
- Send the letter and your new BODi receipts to your HSA/FSA administrator.
- Receive cash back on your BODi subscriptions, digital purchases, and the cost of your BODi subscription (which can save you 20% to 40%!).
- Refund applies to all purchases made after receiving the letter of medical necessity (even the same day!)
With Truemed, eligible customers can get a refund for purchases of supplements and fitness products from BODi eligible for HSA/FSA, following this simple process:
- Visit TRUE at this link for a single $15 online consultation. You don’t need to make a video call!
- If you qualify, you will receive your letter of medical necessity by email, valid for 12 months.
- Send the letter and your new BODi receipts to your HSA/FSA administrator.
- Receive rebates on your BODi subscriptions, digital purchases, and the subscription cost of any BODi package, or receive rebates on your supplements, including Shakeology, Recover, Energize, and more (which can save you 20% to 40% !).
- Refund applies to all purchases made after receiving the letter of medical necessity (even the same day!)
Prioritize your health and fitness with your HSA or FSA
Maintaining an active life and eating well are the key to managing all types of health problems and helping you enjoy a full, healthier life.
From BODi fitness programs to nutrition supplements and meal plans, these tools can help you get the results you want to feel better every day.
For people who qualify, BODi wellness solutions can be some of the best things to spend your HSA or FSA money on.
HSA and FSA eligible 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 our FAQ page How to use your HSA/FSA with Truemed or Dr. B for more details.
