Yes, as long as the product or supplement in question is prescribed by and dispensed by a licensed medical practitioner in your jurisdiction (see Authorized medical practitioners by province or territories for the purposes of claiming medical expenses ), these costs can be fully covered by your HSA.
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You are here: Home » Uncategorized » My Chiropractor (Physiotherapist, Osteopath, Optometrist, etc.) has recommended a supplement or product that he can also supply, but my normal health plan will not cover this cost. Can I claim this expense with my HSA?
Contents:
- Aren’t my Medical Expenses tax-deductible now?
- What is a health spending account
- How does a Health Spending Account work?
- What is the advantage to opening a HSA?
- How do I open an account?
- How do I submit receipts?
- What Are Eligible HSA Expenses
- What is an eligible expense?
- Is there a waiting period for when claims can be submitted?
- What Happens to the money if I don’t use it that year?
- Can we contribute different amounts for different employees?
- I am an incorporated business owner and would like to have a HSA. Do I have to provide HSA’s to my full-time employees?
- I have expenses that were incurred before the start date. Can I submit those into my HSA?
- What if my expenses exceed the amount in my HSA?
- I am currently paying for a private Health & Drug Plan. Can I pay for this through my HSA?
- I am currently paying for a private Health & Drug Plan. Can I claim expenses that they will not reimburse for me?
- My Chiropractor (Physiotherapist, Osteopath, Optometrist, etc.) has recommended a supplement or product that he can also supply, but my normal health plan will not cover this cost. Can I claim this expense with my HSA?
- My spouse has coverage however it only pays out 80%, can I submit the remaining 20% for reimbursement by my HSA?
- What if I terminate employment or what if I have an employee who quits?
- Employee HSA Contributions
- What are the costs associated with opening a HSA?
- What happens to the funds in the account should I die?
- Who can be listed as an eligible dependent?
- How does a Health Insurance Plan work with a HSA?