Flexible Spending Accounts
and Health Savings Accounts
Use your FSA or HSA funds at Medical Weight Loss Clinic!
Flexible Spending and Health Savings Accounts are like personal savings accounts. The funds in these accounts can only be spent on qualifying medical expenses. Individuals with an FSA or HSA account determine the amount they would like to contribute into this account and these funds are deposited on a pre-tax basis. FSA and HSA funds can be used on various health and medical related expenses, including weight loss services in some cases. This can create significant savings toward a weight loss program!
The cost of a weight loss program for treating obesity may be a reimbursable expense under certain FSA and HSA plans, so MWLC is a great place to consider spending those funds if you’re looking to lose weight. Many plan administrators consider Medical Weight Loss Clinic programs to be an eligible expense if certain conditions are met, and patients may be eligible to receive partial or full reimbursement for the cost of an MWLC program.
Even if you do not have an FSA or HSA account, now is the time to start planning for next year! We encourage you to check with your employer to see if an FSA/HSA account is available.
The first step for individuals interested in using an FSA or HSA account to pay for MWLC services and products, is to check with their plan administrator. Every individual’s plan differs, and the first step is to check and see if weight loss services and/or products are eligible for reimbursement under their specific plan requirements.