Depending on your tax rates, you could save 30% or more when reimbursed.
You don’t need insurance, so the process stays simple and affordable.
You may be eligible for full reimbursement of treatment plan costs.
GLP-1 injectables and oral medication kits are considered medical expenses eligible for reimbursement.
Both FSAs (Flexible Savings Accounts) and HSAs (Health Savings Accounts) allow you to set aside pre-taxed dollars from your paycheck to use for eligible medical expenses. You could save an average of 30 percent based on state and federal tax rates.
The full amount of your GLP-1 injectable or oral weight loss medication kit is considered a medical expense eligible for reimbursement through your FSA (Flexible Savings Account) and HSA (Health Savings Account).
The full amount of your weight loss medical expenses is eligible for reimbursement. Exactly how much you get reimbursed depends on funds available in your FSA (Flexible Savings Account) and HSA (Health Savings Account). Please follow the guidelines and terms/conditions of your plan.
FSAs (Flexible Savings Accounts) and HSAs (Health Savings Accounts) are funded with pre-tax dollars from your paycheck and exactly how much you save depends on your tax rate. The average savings is 30 percent based on average state and federal tax rates—so for example, 30% equals $716 with a 12 month plan ($2,388 payable up front.)
We recommend using a valid credit or debit card and submitting reimbursement.
Payment with FSA/HSA card may require additional steps from your provider. If you happen to use your FSA/HSA card your provider may reach out to request a receipt for reimbursement before processing the payment.
If this happens, head to the "orders" tab to find your receipt. From there, you can download your receipt and follow your HSA/FSA provider's reimbursement instructions.