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When you need trusted advice about your employee benefit, insurance and financial programs, we invite you to talk to one of our experienced consultants. We’ve been sharing ideas and helping businesses and individuals protect their health and financial futures for 20 years. Our expertise spans a multitude of topics, including FSA administration. Just Ask.
Qualified FSA Expenses
The Affordable Care Act severely limits how over-the-counter medications are reimbursed through a health Flexible Spending Account (FSA). Starting in January 2011, over-the-counter medications can only be reimbursed through an FSA if prescribed by a physician. However, the new rule does not apply to items for medical care that are not medicines or drugs. Thus, equipment such as crutches, supplies such as bandages, and diagnostic devices such as blood sugar test kits still qualify for reimbursement through a health FSA, regardless of whether the items are purchased using a prescription. Bukaty Companies has been providing in-house FSA administrative services for nearly 15 years. Our expertise ensures your plan complies with IRS guidelines.
Expenses Include
Acupuncture
Alcoholism treatment
Ambulance service
Artificial limb/teeth
Bandages, band-aids, wraps and splints
Breast-reconstructive surgery following mastectomy
Birth control pills (Norplant, ovulation kits)
Braille books and magazines
Chiropractor professional fees
Christian Science Practitioner fees
Contact lenses
Contraceptives
Crutches
Dental treatment (includes exams, x-rays, fillings, root canals, gum disease treatment, crowns, bridges, dentures, implants, orthodontia; does not include cosmetic treatments such as teeth whitening, bonding, etc.)
Diagnostic services and tests
Drug dependency treatments
Drugs (prescription)
Eye surgery (includes cataract, LASIK, corneal rings, etc.)
Eyeglasses, prescription (includes prescription sunglasses and over-the-counter reading glasses)
Fertility treatments (ovulation predictor kits and pregnancy tests, in vitro fertilization, surgery or operations to reverse a prior surgery that prevents you from having children)
Flu Shots
Guide dog or other animal used to assist persons with physical disabilities
Health institute
Hearing aids and batteries
Hospital services
Insulin, syringes
Laboratory fees
Lead-based paint removal
Legal fees (fees you pay that are necessary to authorize treatment for mental illness)
Lodging (see IRS Publication 502, Lodging)
Meals (only as part of inpatient hospital care)
Medical conference admission and transportation to/from (if concerns chronic medical condition of you, spouse or child)
Nursing home (if necessary for medical care and only the portion for medical services)
Nursing services
Operations (legal operations that are not cosmetic in nature)
Orthodontia
Orthopedic devices
Osteopath fees
Oxygen equipment
Physical therapy
Physical therapy
Pregnancy test kits
Psychiatric care (for medical reasons)
Psychologist fees
Schools and education, special (for mentally impaired or physically disabled person - see IRS Publication 502)
Special home for person adjusting from life in mental institution to community living
Sterilization procedures (vasectomy or tubal ligation)
Stop-smoking programs
Surgical fees (for legal operations not cosmetic in nature)
Therapy, physical or speech
Transplants (donor expenses, if you pay those expenses)
Transportation and related travel expenses for person seeking treatment (See IRS Publication 502, Transportation and Trips)
Treatment for learning disability caused by mental or physical impairment or nervous system disorders (treatment must be recommended by physician - see IRS Publication 502, Learning Disability)
Vaccinations
Vasectomy
Weight-loss program (only if medically necessary to treat existing disease (such as heart disease) and undertaken under physician's direction)
Wheelchair
Wigs (if purchased upon advice of physician for mental health of patient)
X-ray fees

