Use Your HSA/FSA to Save on Better Sleep at SleepCity

Truemed is a service that helps qualified customers use HSA or FSA funds on eligible purchases. It connects you with licensed providers who review your eligibility and issue a Letter of Medical Necessity (LMN) if approved. This allows certain products to be treated as qualified medical expenses.

Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) let you set aside pre-tax money for eligible healthcare expenses. These accounts are typically offered through employers or insurance providers. Using them can help reduce your overall out-of-pocket costs.

HSA/FSA funds are pre-tax, which means you’re using money before income taxes are applied. This gives you more purchasing power compared to paying out of pocket. Depending on your tax rate, you may save a significant amount on eligible purchases.

Start by shopping for eligible products and selecting Truemed at checkout. You’ll complete a short health assessment that is reviewed by a licensed provider. If approved, you can use your HSA/FSA card or follow simple steps to submit for reimbursement.

No, you don’t need to schedule a separate doctor’s visit. Truemed includes a quick assessment that is reviewed by a licensed provider. This makes the process simple and convenient to complete online.

A Letter of Medical Necessity is a document from a licensed provider stating that a product is being used to treat, manage, or prevent a medical condition. With this letter, your purchase may qualify as an eligible medical expense. It’s required for reimbursement through most HSA/FSA administrators.

In some cases, you may be able to use your HSA/FSA card directly at checkout. However, many customers choose to pay with a regular card and submit for reimbursement afterward. This can help ensure a smoother approval process, depending on your provider.

Most HSA/FSA administrators process reimbursements within a few days after you submit your claim. You’ll typically need to provide your receipt and Letter of Medical Necessity. Processing times may vary by provider.

If you already have a valid Letter of Medical Necessity, you may not need to complete the assessment again. Most letters are valid for up to 12 months. You will still need to submit your receipts for reimbursement.

You can still use your HSA/FSA funds for partial reimbursement. For example, if your purchase exceeds your available balance, you can apply your funds to a portion of the total. The remaining amount can be paid out of pocket.

There is no cost to you for using Truemed when shopping with a partner merchant. The service is designed to make the process easier without adding extra fees. You simply follow the steps and check your eligibility.

FSA funds typically expire at the end of the year and may not roll over. This means it’s important to use them before the deadline to avoid losing unused funds. HSA funds, on the other hand, usually roll over year to year.

If your claim is not approved, Truemed support can help you review the issue and next steps. Your administrator may sometimes require additional documentation. You can contact their support team for guidance.