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View Full DetailsFlexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) offer a great way to save money on eligible healthcare expenses, including medical equipment. If you're looking to purchase home medical supplies from Shop Home Med, browse our selection of FSA-eligible or HSA-eligible products below and keep reading for an overview of how these accounts work.
A Flexible Spending Account (FSA) is a tax-advantaged account that allows employees to set aside pre-tax dollars to pay for eligible healthcare expenses. Employers usually offer this benefit to their employees, and the contributions made by employees are deducted from their paychecks before taxes are taken out. FSAs are generally use-it-or-lose-it accounts, meaning that any unused funds at the end of the plan year are forfeited.
A Health Savings Account (HSA) is another tax-advantaged account that allows individuals to save money for eligible healthcare expenses. HSAs are available to people who are enrolled in a high-deductible health plan (HDHP). The contributions made to an HSA are tax-deductible, and the funds can be used to pay for qualified medical expenses tax-free. Unlike FSAs, the funds in an HSA can roll over from year to year, and there is no time limit on when they can be used.
Both FSAs and HSAs have benefits that can help people save money on their healthcare expenses.
FSA Benefits
HSA Benefits
FSA/HSA-eligible medical equipment includes a wide range of home healthcare supplies, such as:
These products and many more can be found on Shop Home Med, just look for the FSA Eligible badge.
Shop Home Med offers a wide range of FSA-eligible and HSA-eligible medical equipment to help you save money on your healthcare expenses. Here's how to shop for these products:
Limited Medical Necessity (LMN) is a term used by some insurance companies to describe a medical item or service that is necessary for a specific medical condition. An LMN usually requires a doctor's prescription or Letter of Medical Necessity to be covered by insurance or FSA/HSA funds.
Shop Home Med offers a wide range of LMN products that are eligible for reimbursement under an FSA or HSA. Here's how to shop for these products:
Highly recommend. Easy to assemble and have been great. We bought two. Would buy more.
I have had a couple different bedside commodes in the past and they didn’t last long, the drop side bars were very flimsy and I was scared to trust them. But this bariatric commode is certainly the best I’ve ever bought. The drop bars and the legs are very strong and sturdy and I can trust using this 💯!!! I didn’t buy it for the weight usage but for the extra seating space when I transfer and slide over ! It’s perfect for me!!
This bed is a good one; it arrive in 6 days and was not difficult to set up. It weighs over 300 lbs so you will need help bringing it in. The bed rails are a little small. It is sturdy and not hard to move as needed.
Great neck massage just as describe fast shipping thank you 😁
I bought this seat for my mom and she loves it. Fits toilet very well.
After a lengthy hospital stay, this wound up being the perfect bed at home. We would buy it again in a second. It’s the true Rolls Royce of beds of this type. Amazing!
The product is unique and helps with so many health conditions not limited to lowering blood pressure, diabetes sugar levels, increasing energy and many more. I will recommend to everyone who needs help.
I was looking for a full size bed not a full electrical bed.