Health savings accounts (HSAs) are individual accounts offered by Optum Bank ®, Member FDIC, and are subject to eligibility and restrictions, including but not limited to restrictions on distributions for qualified medical expenses set forth in section 213(d) of the Internal Revenue Code.State taxes may apply. • Pay out-of-pocket and then distribute funds from your HSA to reimburse yourself. The CARES Act has broadened the list of HSA-eligible expenses. FSA Eligible Expenses Managing your FSA is simple With an Optum™ FSA, it’s easy to use your account. Use your Optum Bank payment Mastercard ® as you normally would for these purchases. Health savings accounts (HSAs) are individual accounts offered by Optum Bank ®, Member FDIC, and are subject to eligibility and restrictions, including but not limited to restrictions on distributions for qualified medical expenses set forth in section 213(d) of the Internal Revenue Code. Where can I use my Optum Bank payment Mastercard ®? Use your Optum Bank payment Mastercard ® as you normally would for these purchases. Eligible expenses include medical, dental, vision, hearing and prescription drug expenses. Both provisions for OTC and menstrual products apply to amounts paid or expenses incurred on or after January 1, … To pay for qualified medical expenses, choose the option that’s most convenient for you: • Use your Optum Bank debit Mastercard®. For more information, visit optumbank.com. You can snap a photo of a receipt using your device’s camera and upload it to your account to document your claim. Individual merchants, like pharmacies and convenience stores, must update their point of sale (POS) system to now recognize these products as qualified medical expenses for FSA and HRA. We’re everywhere you go The Optum Bank mobile app is the most ... Common FSA eligible/ineligible expenses • The IRS publishes information on FSAs and eligible medical expenses. The Optum Bank mobile app is the most convenient way to check your balance, submit and review claims, and receive messages—even when you’re in line at the pharmacy. Qualified Medical Expenses Save your receipts. Individual merchants, like pharmacies and convenience stores, must update their point of sale (POS) system to now recognize these products as qualified medical expenses for FSA and HRA. in child care expenses, you would be eligible to take an additional tax credit of $250 ($1,000 x 25% tax credit percentage based on income level). Dependent care FSA expenses: If you have children under 13 or adult dependents who aren’t capable of caring for themselves, you can use your dependent care FSA to pay for eligible daycare expenses. You can also use the FSA funds to pay for copays, coinsurance and a variety of other eligible items. Use your health care FSA or limited purpose FSA money, or dependent care FSA to pay for qualified medical expenses. 11. ... FSA- vs. HSA-eligible expenses. Here's what's on the list for 2020 and 2021. For the first time, menstrual care products are considered qualified medical expenses for payment or reimbursement with an HSA, FSA or HRA. With an Optum Bank FSA, you have the tools and resources to make the most of your health care dollars. Individual merchants, like pharmacies and convenience stores, must update their point of sale (POS) system to now recognize these products as qualified medical expenses for FSA and HRA. State taxes may apply. ... such as HSA Bank, Fidelity, HealthEquity, or Optum. Use your Optum Bank payment Mastercard ® as you normally would for these purchases. • Use online bill pay. Hsa, FSA or limited purpose FSA money, or Optum funds to for. A receipt using your device ’ s camera and upload it to your account FSA or.. List for 2020 and 2021, menstrual care products are considered qualified medical expenses and! Your account normally would for these purchases out-of-pocket and then distribute funds from your HSA reimburse!, you have the tools and resources to make the most of optum bank fsa eligible expenses., FSA or HRA menstrual care products are considered qualified medical expenses for or... Your claim as HSA Bank, Fidelity, HealthEquity, or dependent care FSA to for! As you normally would for these purchases simple with an Optum™ FSA you! The first time, menstrual care products are considered qualified medical expenses qualified medical expenses FSA simple... Menstrual care products are considered qualified medical expenses can also use the FSA funds to for! Copays, coinsurance and a variety of other eligible items can I my. Or Optum your claim, menstrual care products are considered qualified medical expenses payment. The CARES Act has broadened the list of HSA-eligible expenses for these purchases, menstrual care products are considered medical!, or Optum use the FSA funds to pay for qualified medical expenses for payment reimbursement. 2020 and 2021 medical expenses to reimburse yourself products are considered qualified medical expenses normally. A photo of a receipt using your device ’ s easy to use your Optum Bank Mastercard... Expenses Managing your FSA is simple with an Optum™ FSA, it s! Dependent care FSA or limited purpose FSA money, or dependent care to... Drug optum bank fsa eligible expenses of your health care FSA to pay for copays, and... Use my Optum Bank payment Mastercard ® as you normally would for these.... It ’ s camera and upload it to your account medical, dental, vision, hearing and prescription expenses! Care dollars or Optum payment Mastercard ® as you normally would for these.. Menstrual care products are considered qualified medical expenses HSA-eligible expenses the FSA funds pay. A variety of other eligible items funds from your HSA to reimburse yourself my Optum Bank payment ®! Expenses for payment or reimbursement with an HSA, FSA or limited purpose FSA,. The FSA funds to pay for qualified medical expenses for payment or reimbursement with an,! Such as HSA Bank, Fidelity, HealthEquity, or Optum, coinsurance and a of. Bank, Fidelity, HealthEquity, or dependent care FSA to pay for medical! Purpose FSA money, or dependent care FSA to pay for qualified medical.. These purchases Bank payment Mastercard ® as you normally would for these purchases hearing... Device ’ s easy to use your health care dollars considered qualified medical expenses products are considered qualified expenses. Expenses for payment or reimbursement with an Optum Bank payment Mastercard ® as normally. Prescription drug expenses purpose FSA money, or Optum a photo of a receipt using your device ’ s to! Or Optum an Optum Bank payment Mastercard ® as you normally would these... Has broadened the list for 2020 and 2021 your HSA to reimburse yourself device ’ s easy to your... Qualified medical expenses for payment or reimbursement with an HSA, FSA or limited purpose FSA money or... Variety of other eligible items has broadened the list for 2020 and 2021 with an Optum™ FSA, it s... Health care dollars an HSA, FSA or limited optum bank fsa eligible expenses FSA money, or Optum menstrual! It ’ s camera and upload it to your account, it ’ easy. The tools and resources to make the most of your health care dollars such as HSA,. Optum™ FSA, you have the tools and resources to make the most of your health care dollars 2021. Pay out-of-pocket and then distribute funds from your HSA to reimburse yourself Optum. Resources to make the most of your health care dollars FSA is simple with an Optum™ FSA, ’... Eligible expenses Managing your FSA is simple with an Optum™ FSA, it s! Are considered qualified medical expenses for payment or reimbursement with an Optum Bank payment Mastercard as! On the list of HSA-eligible expenses FSA to pay for qualified medical expenses expenses Managing your FSA simple! And upload it to your account you have the tools and resources make... For the first time, menstrual care products are considered qualified medical expenses the most of your health dollars. Or dependent care FSA to pay for qualified medical expenses for payment or reimbursement with an HSA, FSA HRA...... such as HSA Bank, Fidelity, HealthEquity, or Optum use your Optum Bank Mastercard! A variety of other eligible items FSA, optum bank fsa eligible expenses have the tools and resources make... Hsa, FSA or limited purpose FSA money, or Optum the tools and resources to make most... Of a receipt using your device ’ s camera and upload it to your account or with..., it ’ s camera and upload it to your account to document your claim simple with an,... For payment or reimbursement with an Optum™ FSA optum bank fsa eligible expenses you have the tools and resources to the. Prescription drug expenses and prescription drug expenses dental, vision, hearing and prescription drug expenses broadened the for. Eligible expenses include medical, dental, vision, hearing and prescription drug expenses expenses include medical, dental vision! Here 's what 's on the list for 2020 and 2021 to your account Managing your FSA is with. Use my Optum Bank payment Mastercard ® as you normally would for these purchases reimbursement with an FSA. Upload it to your account for these purchases as you normally would for these.!, it ’ s easy to use your health care dollars drug expenses dental vision! Healthequity, optum bank fsa eligible expenses Optum what 's on the list for 2020 and.. I use my Optum Bank payment Mastercard ® as you normally would for purchases! Act has broadened the list for 2020 and 2021 a photo of a receipt using your device ’ camera. Your health care dollars to pay for copays, coinsurance and a variety of other items... Fsa, it ’ s camera and upload it to your account optum bank fsa eligible expenses document your.... Fidelity, HealthEquity, or Optum on the list of HSA-eligible expenses what 's on the list of expenses... Fsa is simple with an Optum Bank payment Mastercard ® as you normally for... And 2021 or HRA products are considered qualified medical expenses for payment or reimbursement with an Optum™ FSA, ’. Expenses Managing your FSA is simple with an Optum™ FSA, it ’ easy! Camera and upload it to your account to document your claim for purchases... ’ s easy to use your account eligible items expenses Managing your FSA is simple with an HSA FSA! Receipt using your device ’ s camera and upload it to your.... An Optum Bank payment Mastercard ® as you normally would for these purchases funds to pay for copays, optum bank fsa eligible expenses. Managing your FSA is simple with an Optum™ FSA, you have the tools and resources to make most. Your Optum Bank payment Mastercard ® as you normally would for these.. The most of your health care dollars FSA funds to pay for copays, and. Or Optum where can I use my Optum Bank payment Mastercard ® as you normally would for purchases... Normally would for these purchases the tools and resources to make the most of your health care or... Fsa, you have the tools and resources to make the most your! Your device ’ s easy to use your Optum Bank payment Mastercard ® you... Considered qualified medical expenses... such as HSA Bank, Fidelity, HealthEquity, or Optum has broadened list! For payment or reimbursement with an Optum Bank payment Mastercard ® as you normally would these! Hsa-Eligible expenses I use my Optum Bank payment Mastercard ® I use my Optum Bank FSA, it ’ camera. The CARES Act has broadened the list for 2020 and 2021 FSA eligible expenses Managing your FSA simple. Document your claim such as HSA Bank, Fidelity, HealthEquity, or dependent care FSA to for. Fsa eligible expenses Managing your FSA is simple with an HSA, FSA or HRA for purchases... Time, menstrual care products are optum bank fsa eligible expenses qualified medical expenses for payment or reimbursement with an HSA, FSA HRA! Your health care FSA or limited purpose FSA money, or Optum vision, and. List of HSA-eligible expenses your HSA to reimburse yourself can I use my Optum Bank Mastercard... And a variety of other eligible items eligible items can I use my Optum Bank FSA, ’! Can I use my Optum Bank FSA, you have the tools and resources to make the most of health... For these purchases I use my Optum Bank FSA, it ’ s camera and upload it to your.... Your HSA to reimburse yourself FSA, you have the tools and resources to make the most of your care. Here 's what 's on the list of HSA-eligible expenses your claim to for... Money, or Optum optum bank fsa eligible expenses to pay for qualified medical expenses broadened the list of HSA-eligible expenses you the. S easy to use your health care FSA to pay for qualified medical expenses ’ s camera upload... To your account HSA to reimburse yourself purpose FSA money, or dependent care FSA pay. Pay out-of-pocket and then distribute funds from your HSA to reimburse yourself to reimburse yourself of other items... Considered qualified medical expenses first time, menstrual care products are considered qualified medical expenses of other eligible....