nor ConnectYourCare, LLC is a bank or an FDIC insured institution. Health savings accounts (HSAs) are individual accounts offered through Optum Bank®, Member FDIC, or ConnectYourCare, LLC, an IRS-Designated Non-Bank Custodian of HSAs, each a subsidiary of Optum Financial, Inc. The Optum Store is an affiliate of the UnitedHealth Group family of companies. Additional shipping restrictions may apply. Failure to adhere to these terms of use may result in the transaction being voided.įree and expedited shipping offers do not apply to shipping outside of the contiguous United States. To apply a promotional code, you must enter it prior to completing the order. Promotional codes are not transferable or redeemable for cash or credit. Promotional codes cannot be applied to previously placed orders and cannot be combined with other promotional codes. The promotional codes OPTFSA7 and OPTHSA5 offered by the Optum Store is intended for the sole use by Optum Bank flexible spending arrangement (FSA) and health saving account (HSA) members when making a purchase with their FSA or HSA. Check your plan for specific coverage details. *Your FSA plan may exclude reimbursement for certain categories of items. Once the entire medical deductible is met, then the health care FSA list applies. Please consult a tax advisor for applicability to your individual situation.Ĭertain Limited Purpose FSA plans will turn to a post deductible plan (allowing medical and Rx) once the entire medical plan deductible is met.
Tax laws are subject to change and interpretation. Information pertaining to qualified medical expenses (QMEs) are taken from applicable tax laws, interpretations, and publications, as applicable.
Please retain copies of your receipts as needed for tax purposes. For HSAs, you may use your debit card as you normally would since no claim reimbursement process is required.To submit a claim for reimbursement, sign in to and select File a Claim from the "I want to" section. As a reminder, keep your itemized receipt or explanations of benefits, which are needed to verify each purchase so you can be reimbursed.
If their system is not updated and the sale doesn’t process, you can pay out of pocket with the option to reimburse yourself with account funds.
#Fsa eligible expenses 2021 update#
Individual merchants, like pharmacies and convenience stores, must update their point of sale (POS) system to now recognize these products as qualified medical expenses for FSA and HRA. Use your Optum Bank payment Mastercard® as you normally would for these purchases. For FSAs and HRAs, you can use your account funds to purchase these products.You may use HSA, FSA or HRA funds to pay for these products. Certain over-the-counter (OTC) drugs and medications, as well as menstrual care products, are now considered qualified medical expenses, without the need for a physician prescription.
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