Insurance

When an employer offers an HSA or FSA benefit, pre-tax funds are withdrawn from your regular paychecks and put into a special account for you to use for both co-payments and qualified, non-insurance covered expenses. Each year, typically during open enrollment, is when you can decide how much money you want or need to allocate for the next year’s medical expenses.

Your Physical Therapy expenses whether in the form of co-payment, co-insurance or high deductible payment or private yoga sessions are an excellent use for these funds! The IRS says that covered medical expenses “must be primarily to alleviate or prevent a physical or mental defect or illness.” Examples of qualifying expenses include (but not limited to): stress, anxiety, depression, pain management, arthritis, back pain, carpal tunnel syndrome, scoliosis, etc.

Typically it is a standard to use your HSA or FSA for expenses related to your co-payment or deductible, but using it for yoga may require a little extra leg work, which we would be happy to help you with!

Some insurance companies may require a doctor’s letter, prescription or a LOMN (Letter of Medical Necessity) for a private yoga session. Just let your doctor know that you would like to be able to have private yoga sessions as a covered medical expense for your FSA/HSA, and she/he can write the appropriate documentation for you.

It just needs to include:

1. The medical need (i.e., relieve stress or back pain),

2. How many sessions (i.e., 2x/month)

3. For how long (i.e., 12 months).

If you have an HSA/FSA debit card that you use for payment, you can simply use that to pay for your session. If instead your insurance company sends you reimbursement checks, then we can give you a receipt at the time of service, and you can submit that to your insurance company.