What is an eligible expense under the limited health care FSA?
While meeting the deductible of your High Deductible Health Plan (HDHP), eligible expenses for a limited health care FSA are for vision, dental and preventive care. Examples of common out-of-pocket expenses covered by a limited FSA include eye care, such as exams, LASIK surgery, eyeglasses and contact lenses for vision correction, and saline solution; orthodontia and dental work; preventive screenings and periodic health evaluations; prescription medicine for preventive care; and over-the-counter items for dental, vision and preventive care. Once you meet the deductible of your HDHP and if your plan allows it, your limited FSA becomes a post-deductible FSA. A post-deductible FSA pays all FSA-eligible expenses, just like a traditional health care FSA. For more information, we recommend that you consult a tax advisor or IRS Publication 969, which provides guidance on the types of expenses that can be reimbursed from a limited FSA. CLICK HERE to access Publication 969.
Before you meet your health plan’s deductible: Your limited health care FSA reimburses only for certain expenses, including: • Dental care and orthodontia, such as fillings, X-rays, braces, caps and mouth guards • Vision care, including eyeglasses, contact lenses, solutions and supplies and LASIK eye surgery • Preventive care not covered under your health plan, such as vaccines, flu shots and diagnostic tests Prescriptions and over-the-counter items are reimbursable only for dental, vision and preventive care. After you meet your health plan’s deductible: You will be reimbursed for all FSA-qualified health care expenses. That’s right. Meet your deductible, and your limited health care FSA works like a standard health care FSA. See our qualified health care expenses list. Your after-deductible reimbursements are not limited to dental, vision or preventive care. All expenses must be qualified medical, vision, pharmacy or dental benefit expenses as defined in Section 213(d) of the Interna
