Using an FSA or HSA for Orthodontics Treatment
A Health Savings Account (HSA) is a pre-tax account that sets aside money for health care expenses and is often offered by employers. On the other hand, a Flexible Spending Account (FSA) is provided by employers as part of a benefits package and serves the same purpose as HSA, but it offers more pre-tax advantages.
In many cases, insurance providers do not cover orthodontic treatment; so, using an HSA or FSA can help cover part of the treatment costs.
myOrthos orthodontics partners provide quality treatment to people of all ages. This article sheds more light on the types of orthodontics treatments that our partners offer and how to use an HSA or FSA account to assist your orthodontics treatment bill.
How to Use an HSA or FSA to Cover Orthodontics Treatment
Using an HSA or FSA account to pay for your orthodontics treatment is easy.
In most cases, your HSA or FSA provides a debit card with the full balance of your account available. Use your HSA or FSA debit card just like any other credit or debit card to pay your visit balance. Other payment options provided by your HSA or FSA can include checks or EFT via an online bill pay portal.
If your HSA account balance is insufficient to cover your entire treatment, you may look into options for reimbursement. If this option is available with your HSA, you are required to submit a claim for reimbursement — this is where our orthodontics providers help you with all the details you need, including receipts, to complete your claim successfully.
myOrthos partners advocate using an HSA or FSA accounts when possible because funds in HSAs and FSAs accounts are pre-tax. Additionally, funds in an FSA account expire at the year-end so it’s always wise to spend the benefit where you can.
The Types of Orthodontics Treatment Covered by HSA and FSA Accounts
HSA orthodontic and FSA orthodontic treatment accounts limit the types of medical care covered to only essential procedures, not cosmetics. Orthodontic treatments qualify as medical expenses that can be covered as long as our practitioners monitor and recommend the treatment. Some of our orthodontics treatments covered by HSA and FSA accounts include:
- Braces and aligners
- Dental Appliances
Find a myOrthos partner location to use your HSA for orthodontics or FSA orthodontics accounts for your treatment. However, we consider purely cosmetic procedures such as teeth whitening as non-essential services and therefore not covered.
Using HSA or FSA Accounts for Braces and Invisalign
Braces are medical devices used to align the teeth. Out of the many methods used to restore teeth alignment, braces are the easiest to get HSA or FSA coverage. Braces are considered essential medical treatment, especially for individuals with severe orthodontic abnormalities.
Invisalign, on the other hand, works similarly to braces but acts as the second alternative to metal braces for children, teenagers, and adults. Invisalign aligners are usually made of clear plastic, which gradually move the teeth to a straight position. This method is mainly used by individuals with less severe cases and those who want a faster and nearly invisible way to align their teeth. While Invisalign aligners can be considered mainly cosmetic, HSAs and FSAs are open to coverage in most cases.
Reach Out to a myOrthos Partner Location Today
Using an HSA or FSA account to cover your orthodontic treatment can go a long way toward saving money and reducing out of pocket costs. Check with your insurance provider to see what orthodontics procedures are covered. Our partners make the process seamless and ensure you get quality orthodontic treatment.
Contact us to learn more about our orthodontic partners, or to find a myOrthos partner location near you.