Do you have a Flexible Spending Account (FSA) for medical expenses? If so, acupuncture is a covered medical expense, according to the IRS.
Pretax dollars are deducted from an employee’s pay and deposited into a FSA. Only qualified medical expenses are reimbursible with the FSA. Fortunately, acupuncture is defined by most plans as a preventative treatment, so that you pay for your treatment with a FSA.
Often, herbal supplements are also covered — or can be, if the acupuncture writes a prescription for it.
At the end of each calendar year, most FSA plans forfeit any remaining funds back to your employer. So when it comes to FSA’s, use it or lose it!
We are happy to answer questions and help you with the FSA paperwork. Check in with Amy Ledesma so we can help you maximize your coverage of our services and supplements.