HSA/FSA Fund Eligibility
We've teamed up with Truemed to make your favorite wellness products eligible for Health Savings Account (HSA) or Flexible Spending Account (FSA) funds.
Getting started is simple, just follow the steps below:
How to Get Reimbursed
Step 1
Checkout with your normal payment method
Use your standard payment method (Visa, credit, Afterpay)
Step 2
Complete a short 1-2 minute survey
A licensed provider will review your answers and determine whether to provide you with a Letter of Medical Necessity.
Step 3
Submit your receipt and Letter of Medical Necessity
To your HSA/FSA administrator for reimbursement. Truemed will guide you if you're unfamiliar with the process.
Step 4
Get reimbursed from your pre-tax HSA/FSA
You'll be eligible to spend pre-tax money at the approved merchant for 12 months with your Letter of Medical Necessity.
Do I Qualify for HSA/FSA spending at BON CHARGE?
Take our short survey to see if you qualify to spend your HSA/FSA dollars on our award winning science backed wellness products.
Frequently Asked Questions
If you'd like to find out if your BON CHARGE purchase qualifies for reimbursement from your HSA/FSA before you buy, you can follow this link to the Truemed qualification survey: https://app.truemed.com/pre-qualify/tm_qual_viq14c39ko
A Health Savings Account (HSA) or Flexible Spending Account (FSA) lets you use pre-tax money to pay for expenses used to treat, mitigate, or prevent a diagnosed medical condition. To determine whether your purchase is eligible for your HSA/FSA plan, your plan administrator will likely require a letter from a licensed provider called a "Letter of Medical Necessity". Truemed connects you with licensed providers.
If a licensed provider determines that your diagnosed medical condition may be treated, mitigated, or prevented by a product or service, they will provide a Letter of Medical Necessity. After you receive your Letter of Medical Necessity, you can seek reimbursement for the product or service from your HSA/FSA plan administrator. Letters of Medical Necessity remain effective for 12 months.
Truemed partners with BON CHARGE to enable you to use your HSA/FSA funds on our wellness products. Truemed partners with a network of individual licensed practitioners who evaluate customers’ eligibility and issue.
Letters of Medical Necessity to qualifying customers, thereby saving you money on legitimate wellness and medical expenditures. Truemed is backed by best-in-class investors, including functional medicine pioneer Dr. Mark Hyman.
HSA/FSA accounts were created so you could use pre-tax money to pay for expenses used to treat, mitigate, or prevent a diagnosed medical condition. Because HSA/FSAs use pre-tax money, you’re getting more purchasing power for your dollars. Rather than pay taxes on income and then spend it on health items, qualified customers can use pre-tax funds to invest in their health.
An individual can contribute up to $3,850 pretax to their HSA per year, or $7,750 for a family (plus an additional $1,000 if you are at least 55 years old Individuals can contribute up to $3,050 pretax to their FSA per year (with an additional $500 in employer contributions allowed). Almost every qualified individual will save between $1,000 and $2,000, depending on their state and tax rate.
In order to determine whether certain products or services are legitimate expenses for treating, mitigating, or preventing a diagnosed medical condition, HSA/FSA plan administrators often require a letter from a licensed practitioner. This letter is called a “Letter of Medical Necessity.”
Using your HSA/FSA funds on eligible products or services sold by BON CHARGE can result in significant savings.
HSA/FSA accounts allow you to use pre-tax dollars to purchase products and services to treat, mitigate, or prevent the specific medical conditions that you have been diagnosed with.
Unfortunately, Truemed’s services are for individuals who have HSA or FSA accounts (or plan to fund one during open enrollment). We encourage you to ask your employer about information on your HSA or FSA!
Unfortunately, Truemed is currently only available in the United States.
All products with the “HSA/FSA eligible with Truemed” badge are eligible. You will find the badge above the blue ADD TO CART button.
What Customers Are Spending Their HSA/FSA Dollars On
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Red Light Face Mask
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