This partnership is designed to help your qualifying customers unlock the pre-tax dollars in their HSA and FSA accounts to help pay for their fitness classes, membership and personal training fees. 

Customers who have an HSA or FSA account and exercise to prevent or treat a medical condition can go through a $15 online consultation to see whether they qualify for a Letter of Medical Necessity.  If eligible, they’ll receive a letter they can submit to their HSA or FSA provider for reimbursement of fitness-related expenses.

HSA and FSA accounts are two kinds of tax-advantaged savings accounts. HSA accounts are available to people with a high-deductible health insurance plan. FSA accounts can be offered by employers as a benefit program.

With both, people can deposit part of their income into the account. They won’t pay income tax on money they use from that account. And the funds can be used to pay for qualified medical expenses—making them essentially income tax-free.

FSA and HSA withdrawal rules specify what can be bought with FSA/HSA funds. Most people use their HSA/FSA money to pay for health care insurance premiums, urgent care bills, doctor copays and prescription medications. Funds can also be used for over-the-counter medications, rapid tests and masks, mobility tools and more.

If someone exercises to prevent or treat a range of medical conditions, related fees like gym memberships, classes and personal training costs can become HSA/FSA eligible, too! But for a person to pay for those things from their HSA/FSA account, a doctor or other licensed provider needs to write them a Letter of Medical Necessity detailing how exercise treats their specific medical condition, justifying the related costs as medically necessary. With that letter, they can submit it and any (new) exercise receipts to their HSA/FSA administrator for reimbursement. Purchases made before the letter was issued do not qualify for reimbursement.

Qualifying members may get up to the entire cost of their fitness expense reimbursed. How much they save overall depends on their tax bracket.

Because no income tax is paid on the money put into an HSA or FSA, the savings come from what they would have paid in income tax. When all is said and done, most people end up saving 20-40% by using those tax-free funds.

There is no cost to having a partner site created with Dr. B. Customers pay a one time $15 medical consultation fee, no recurring fees or membership required.

Dr. B offers affordable telehealth with the same care and quality you’d get from your favorite family doctor—without the waiting room. Patients can access online consultations for a wide range of conditions and send prescriptions to the pharmacy of their choice. Learn more at hidrb.com