If you have a health savings account (HSA), then you may (like many other Americans), be using your account for things like prescription medications, hearing aids, medical expenses, and more.
But, could you also be using your HSA at the dentist?
First, What’s the Difference Between an HSA and an FSA?
In the long term, you can use your HSA as a retirement savings account that is specific to medical expenses. There are rules that dictate how you may spend the funds in your account, which are similar to the rules for a Roth IRA.
Some people have a flexible spending account (FSA). It is similar to an HSA with one key difference–the money does not roll over when the year ends. If you choose to enroll in an FSA plan, make sure you can spend the money before the year ends.
Can I Use My HSA or FSA at the Dentist?
If you have an HSA or FSA, you can use it for several dental expenses, including:
- Teeth Cleaning
- Fluoride Treatments
On the other hand, there are certain dental expenses that are usually not billable to your HSA or FSA. These typically include:
- Teeth Whitening
- Non-Medically Necessary Cosmetic Surgery
If you aren’t sure if your services will be covered, it doesn’t hurt to give us a call for more information.