Summer's still going strong, and like us, you're probably still enjoying the outdoors and even planning a vacation. But, while the costs of vacation travel aren't eligible for reimbursement from your HSA funds, it doesn't mean you can't use your HSA funds tax-free on qualified expenses to help improve your time off. Sure, it's no replacement for lying on the beach, you can at least feel relaxed and rejuvenated after choosing any one of the following options below.
Before we go any further, you can't just go and get a massage, and count it as a qualified medical expense. It needs to be used specifically to treat an actual medical condition or injury. This includes anxiety, depression, hypertension, diabetes, chronic fatigue and fibromyalgia.
Specific requirements differ with each HSA, but generally, you'll need your doctor to give you a Letter of Medical Necessity (LMN). This letter should state the actual diagnosis and how massage therapy will help to treat the issue. The doctor also needs to mention how long the treatment should be.
Acupressure and acupuncture
Acupuncture is an ancient Chinese medical technique that uses needles to help balance energy flow to treat medical conditions, most commonly pain. The needles don't typically hurt and may even help relieve muscle tension, similar to getting a massage.
Acupressure is similar to acupuncture except there are no needles involved.The practitioner will press on certain pressure points (also known as acupoints) on specific areas of the body. It's meant to help restore balance to the body.
Getting acupuncture or acupressure may count as a HSA-qualified medical expenses, and in some cases, will require an LMN. It also needs to outline how acupuncture or acupressure will be used and for how long, just like for massage therapy.
Alternative treatments aren't clinical trials for medicine or procedures. Rather these treatments don't fall into mainstream medicine. When used on a regular basis, alternative treatments can help your body and mind relax as if you did go on a week-long vacation. (Please note: These alternative treatments will likely require a LMN in order for them to count as qualified medical expenses with your HSA.)
Common alternative treatments include:
- Reiki - This is where an alternative healer accesses your body's natural energy by placing his or her hands lightly over your body. Their hands move around, circulating energy and is meant to aid in relieving anxiety, manage pain and promote relaxation.
- Naturopathy - Healers use various treatments such as herbal remedies, acupuncture and other kinds of noninvasive treatments to help the body heal itself.
- Chiropractic - This is where a chiropractor puts your body back in alignment by manipulating the spine. It's meant to help treat a wide variety of conditions, such as headaches and chronic pain.
- Energy Therapy - Similar to reiki, except practitioners use magnets to manipulate your body's energy fields.
The point of going on vacation is to unwind and escape from real life just for a little bit. Even if you can't use your HSA, you can at least try these three options to relax and rejuvenate your senses.
Simple, yet effective at-home solution for neck and back pain.
Quick relief from heel pain, tired feet, and other mild aches and soreness.
Whether you're spending steadily or saving for something, Wage Up! is where we highlight the latest services available to buy with your HSA, every Monday on the HSA Learning Center. And for everything else about your health and financial wellness, be sure to follow us on Facebook and Twitter.