Do you ever wonder why a slip or a fall hurts so much during the colder months? Why joint pain tends to flare up when the temperature drops? The fact is, we’re all moving a little slower in the New Year, and chances are the cooler weather is playing an active role in our discomfort.
But here’s the thing – if you’re enrolled in a health savings account (HSA) and/or a flexible spending account (FSA), your income tax-free funds could be used to alleviate your health concerns. After all, there are thousands of HSA and FSA qualifying products available for purchase. These items can assist with warding off those winter aches and pains and taking charge of your everyday wellness. Use the Optum Bank Qualified Medical Expense search tool to find out more.
Where to start? Explore how you can keep joint pain and soreness at bay with a TENS machine or an acupressure mat and pillow, or start a new pain relief regimen with hot and cold therapy devices. These are all qualified medical expenses covered by an HSA and FSA. If your health concerns continue to linger and you find yourself heading to the doctor – don’t worry your HSA has you covered for that, too (co-payments and visits may be covered by your HSA*).
But hey, spring is just around the corner, and there’s a whole new season of health concerns to prepare for! Remember, your HSA and FSA will be right there along the way to help you stay healthy year-round.
About Health-E Commerce
Health-E Commerce is your partner in tax-free health spending, education and advocacy. As the parent brand to three direct-to-consumer e-commerce destinations: FSA Store, HSA Store, and WellDeserved Health, its mission is to help you benefit better from tax-free health and wellness benefits with 100% authentic and IRS-qualified health products with zero guesswork.
About Optum Bank
Optum Bank is advancing the way we save and pay for qualified medical expenses, connecting the worlds of health and finances in ways that no one else can. Optum Bank is the No. 1 provider of health savings accounts (HSAs), managing 4 million HSA member accounts and over $10 billion in assets. By developing proprietary technology and applying advanced analytics in new ways, Optum Bank helps reduce costs while guiding people to the right care. Optum Bank, Member FDIC, is solely dedicated to health care banking with more than 10 years of experience managing health savings accounts. Health care and finance is in our DNA.
About the Author:
Barb Page is the vice president of marketing for Optum Financial Services (OFS). In this role, Barb is responsible for the marketing strategy and execution for OFS and Optum Bank. She brings over 30 years of financial services experience and health care expertise to the marketing arena for Optum. Barb has a master’s degree in business communications and a master of science in health care leadership.
*May not be covered if deductible has not been met.
Results and amounts will vary depending on your particular circumstances. Fees may reduce earnings on account.
Health savings accounts (HSAs) are individual accounts offered or administered by Optum Bank®, Member FDIC, and are subject to eligibility requirements and restrictions on deposits and withdrawals to avoid IRS penalties. State taxes may apply. Fees may reduce earnings on account. Flexible spending accounts (FSAs) are administered by OptumHealth Financial Services and are subject to eligibility and restrictions. The content of this communication is not intended as legal, investment, or tax advice. Federal and state laws and regulations are subject to change.