Pulse oximeter
A pulse oximeter is eligible for HSA, FSA, and HRA when used to treat or monitor a diagnosed medical condition, often requiring a Letter of Medical Necessity.
Eligibility Matrix
Eligibility status for all account types
| Account Type | Status |
|---|---|
| HSA | Eligible |
| FSA | Eligible |
| HRA | Eligible |
Requirements
Must be used to treat, diagnose, or monitor a specific medical condition, not for general wellness.
Your plan administrator may require a Letter of Medical Necessity from a healthcare provider to substantiate the medical need for the device.
Quick Reference
The IRS allows expenses paid for equipment, supplies, and diagnostic devices needed for medical care to be included as medical expenses. A pulse oximeter is a diagnostic device used to measure blood oxygen levels and pulse rate, which is crucial for monitoring various medical conditions.
When It Qualifies
- •Must be used for the diagnosis, cure, mitigation, treatment, or prevention of disease.
- •Requires a medical diagnosis or a Letter of Medical Necessity from a healthcare provider to substantiate its medical purpose.
When It Doesn't
- •Not eligible if purchased solely for general wellness, convenience, or without a specific medical need.
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Important Notice
- •Your specific plan may have different rules
- •Keep all receipts and documentation
- •This is informational only, not tax or legal advice
Eligibility can vary by plan. Always keep your receipts and check with your plan administrator for specific coverage details. This information is for educational purposes only and not tax or legal advice.