Are Qardio products FSA eligible?

You may have noticed during your recent Open Enrollment period an option to enroll in a flexible spending account (FSA). More than 35 million Americans have FSAs, and they work by giving the account holder the option to choose an allocation for the year. This is up to $2,600 for single individuals or $5,200 for couples filing jointly, which has the benefit of limiting taxable income and providing an additional source of funds to pay for qualifying medical products and services.

Which Qardio products are eligible?

Luckily, if you have an FSA and you're in the market for a blood pressure monitor, the QardioArm Wireless Blood Pressure Monitor is reimbursable through an FSA, HSA or HRA. The smartphone-compatible QardioArm can help users create a time-lapse picture to measure fluctuations in their blood pressure numbers, which can help to eliminate false readings and help your doctor formulate the ideal treatment plan for your needs. QardioArm is also a great option if you are looking to upgrade your old blood pressure monitor for a simpler, pen and paper free way, to get deeper insights to your heart health.

Last but not least, the QardioBase Smart Scale and Body Analyzer is not FSA eligible, but if a doctor recommends the use of this scale to assist in the treatment for a legitimate medical condition such as obesity, it could be eligible with a Letter of Medical Necessity (LMN) from a physician. This letter must outline how an account holder's needs for help relates to their medical condition, necessitates the use of a smart scale and how the item will be used to alleviate the issue.

What determines FSA eligibility?

So what is eligible under an FSA? A lot more than you may think! The Internal Revenue Service sets forth the regulations regarding these accounts, and regulation IRS 213(d) lays out which medical products and services are covered with consumer-directed healthcare accounts like FSAs, health savings accounts (HSAs) and health reimbursement arrangements (HRAs):

"The term “medical care" means amounts paid—for the diagnosis, cure, mitigation, treatment, or prevention of disease, or for the purpose of affecting any structure or function of the body."

This definition has some definite gray areas that are open to interpretation. For instance, while one could argue that toothbrushes and toothpaste can prevent gingivitis, the IRS considers these products as those that are used for "general health" purposes and therefore are not eligible with an FSA.

If you want to purchase a Qardio products with your FSA, HSA or HRA funds, check out FSAstore.com! We have the web's largest selection of FSA eligible products, and the most comprehensive Eligibility List available so you know exactly what's covered by your benefit.