So I was talking to my HR rep about how to spend my FSA before it expires. She says that a HRM is an approved purchase. That means I can buy any garmin device that does HR and it is approved. Anybody done this before? Last year I bought some sweet prescription racing jacket oakleys that came with 2 non presc lenses lol.
I’d double check that with your actual insurance provider. I was denied eligibility for FSA payment of some recovery devices prescribed by my PT to treat a running overuse injury. Given that the device has more therapeutic use than an HR monitor I’d be surprised if it was covered. Though, you may have much better medical insurance than I.
won’t you need a prescription from a provider for it to be FSA eligible?
Though certain things do, a HRM is considered an item that does not require a prescription.
I was told by my provider that there are requirements they must follow per IRS guidelines that govern medical spending accounts, meaning they felt they didn’t have latitude in making judgement calls regarding which items were eligible. If you’re planning on buying a Garmin anyway, it probably doesn’t hurt to try using your FSA but there is the possibility you will be required to repay the amount if it is denied coverage.
I was told by my provider that there are requirements they must follow per IRS guidelines that govern medical spending accounts, meaning they felt they didn’t have latitude in making judgement calls regarding which items were eligible. If you’re planning on buying a Garmin anyway, it probably doesn’t hurt to try using your FSA but there is the possibility you will be required to repay the amount if it is denied coverage.
There are some HRM that are indeed FSA eligible (I find the Omron HR-100), but that doesn’t mean that all of them are. There usually is no prescription required for FSA eligibility. You might need a prescription if you were trying to get your Insurance to pay for something, but an FSA is your money that was taken out pre-tax for you to spend on qualifying items. There are some exceptions, for example OTC drugs (like advil) now require a prescription to be eligible for FSA.
There are lots of items that are FSA eligible that you wouldn’t think were. Sunblock, ace bandages, kinesiology tape, vibrating cock rings. Go to Walgreens and you can see everything they sell that is FSA eligible.
Good to know!
“There are lots of items that are FSA eligible that you wouldn’t think were. Sunblock, ace bandages, kinesiology tape, vibrating cock rings. Go to Walgreens and you can see everything they sell that is FSA eligible”
Screw the Garmin, i’m gonna blow it on a years supply of these ^^^^^^
“There are lots of items that are FSA eligible that you wouldn’t think were. Sunblock, ace bandages, kinesiology tape, vibrating cock rings. Go to Walgreens and you can see everything they sell that is FSA eligible”
Screw the Garmin, i’m gonna blow it on a years supply of these ^^^^^^
More stuff I did not know. Thank you, Denizens of Slowtwitch 