Yes, you may be able to purchase a Theragun with your Health Savings Account (HSA). depends on the type of Theragun, as well as the vendor. You may want to check with your HSA administrator to see if they have any specific guidelines regarding the purchase of medical equipment with an HSA. Generally speaking, as long as the Theragun is considered a medical device and is used for a qualifying medical expense, it should be an eligible purchase.
How does a Theragun work?
A thera gun works by using a percussive massage. The device delivers quick, powerful strokes to the muscle tissue. This increases blood flow and circulation, which helps to reduce pain and improve range of motion.
Is a Theragun covered by my HSA?
Your HSA may cover the cost of a Theragun depending on your insurer. However, you should check with your HSA provider to be sure. Some HSAs will not cover the cost of a Theragun because they consider it to be a luxury item.
How do I use a Theragun?
To use a Theragun, first select the area of the body you wish to treat. For larger muscle groups, start by using the wand attachment. For smaller muscle groups or areas of the body that are more sensitive, use the ball attachment. Apply the Theragun to the selected area for 30 seconds to 2 minutes, using light to medium pressure. You should feel the muscles relaxation and the tension release.
Frequently Asked Questions
How can I pay for a theragun with an HSA?
There is no one specific answer to this question as it will vary based on your particular situation. However, you may be able to use money in your HSA or FSA to cover the cost of a theragun massage treatment. You will need to contact your HSA or FSA administrators to verify how these accounts work and how to fund them in order to cover a massage with a theragun. How can I pay for a theragun with an FSA? The same guidelines that apply when paying for a theragun treatment using an HSA also apply when using an FSA. You will need to contact your FSA administrator in order to determine which expenses qualify for reimbursement and how much you can receive in reimbursements.
What products can I purchase with my HSA?
This infographic provides employees with a list of specific products that can be purchased with their HSA. The Further mobile app features a scanning tool that lets employees know if the product they're looking at can be purchased using their HSA.
Can I use my pre-tax HSA to pay for other services?
Yes, you can use pre-tax dollars from your HSA to pay for qualified health expenses, such as doctor and dental appointments, prescription drugs, and medical equipment. However, note that not all services are eligible for reimbursement through an HSA. For example, purchasing tanning beds or getting cosmetic surgery are not typically covered under an HSA. Consult with a tax advisor or financial planner to determine if using your pre-tax HSA for eligible expenses is the best way to save on tax bills.
How do I know if an item can be purchased through HSA?
The Further Learning Center offers a comprehensive list of HSA-eligible expenses.
Can I use my HSA or FSA to buy a theragun?
If your HSA or FSA plan administrator approves the Theragun as an eligible expense, you can use your account to purchase the device.
