When it comes to utilizing your Wellness Spending Account (WSA) with myHSA, there are broader allowances compared to a Health Spending Account (HSA). Specifically, teeth whitening can be an eligible expense under certain conditions.
Teeth Whitening: Eligible under a WSA
Teeth whitening, a popular cosmetic procedure aimed at enhancing the appearance of your smile, is eligible under a WSA if your plan includes coverage for cosmetic procedures or cosmetic dentistry. To determine if your plan covers such expenses, refer to the list of covered items located on your user dashboard.
Taxable Benefit
It's important to note that while teeth whitening can be reimbursed through your WSA, it is considered a taxable benefit. This means that the amount reimbursed for teeth whitening will be included in your taxable income.
How to Check Your Coverage
Log in to your myHSA account: Navigate to your dashboard.
Review the list of covered items: Look for categories such as "cosmetic procedures" or "cosmetic dentistry."
Confirm eligibility: If teeth whitening is listed, you can proceed with the procedure and submit the expense for reimbursement.
Teeth whitening can be an eligible expense under your WSA, provided your plan includes coverage for cosmetic procedures. Always check your specific plan details on the user dashboard to confirm eligibility and remember that such expenses are taxable.
By understanding your WSA coverage, you can take advantage of the benefits available to you and make informed decisions about your wellness spending.
Questions? Reach out to Support@getmyhsa.com or open a live chat with us!