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It seems like that could be possible, even without a prescription. I can buy any number of non-prescription things with my HSA now. Obviously this seems a lit
by tfandango 8y ago
It seems like that could be possible, even without a prescription. I can buy any number of non-prescription things with my HSA now. Obviously this seems a little different than say a blood glucose testing device. Next year they will probably amend it with a "*excluding Apple Watch"
- scarface74 8y agoWhy would an insurance company care about what you do with your HSA/Flex account. They aren't out of any money.
- 24gttghh 8y agoThe IRS might care since they are the ones who enforce the rules surrounding their use, not your insurance company...
- scarface74 8y agoI took the parent post as implying that the insurance company would try to exclude purchasing the Apple Watch.
- tfandango 8y agoSorry that was not clear (and this response is late). I know my HSA admin limits use of those funds for medically approved things only. I assume based on rules that the government created. I am just speculating that they may have to start dealing with devices like this which have a dual purpose, mostly not medical.