FSA & HSA Eligible

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WHAT ARE FSAs & HSAs?

FSA

If you are not enrolled in a High Deductible Health Plan with a Health Savings Account (HSA Account), you might be enrolled in a General Purpose Health Care Flexible Spending Account (FSA) which is an employer-sponsored benefit that enables you to set aside pre-tax dollars out of your paycheck to pay for eligible health care expenses (not taxed when you use it to pay for eligible health expenses). Monies put into the account avoid both Federal Income Tax and FICA. The average savings is about 25-30%. NOTE: Limited Purpose Health FSA accounts are NOT eligible since those are only for Dental and Vision eligible expenses.

HSA

If you are enrolled in a High Deductible Health Plan, you might have a Health Savings Account (HSA Account). This account allows you to set aside pre-tax dollars out of your paycheck, let it grow tax-free (interest, or even invest it), and even withdraw it tax-free at anytime in the future (the money never forfeits) so long as you use it for eligible health expenses.    

How does eligibility and coverage/reimbursement work?

Every company is different so you need to confirm with your HR group, but here’s how it typically works:

Savory Living® falls into two categories: Nutrition Support and Weight Loss Program. Most FSAs and HSAs requires two things to cover or reimburse the program – and we facilitate both for participants: 

1.  Evidence of Medical Necessity

A doctor’s prescription that the healthy eating program is recommended for the treatment of a medical condition (most medical/health related conditions qualify).

Click here to view the Doctor Prescription Form.

WHAT YOU NEED TO DO: Save and print the Doctor Prescription Form and send it to your doctor’s office. Your doctor needs to check the appropriate boxes and sign the form. After you have completed the program, you need to submit BOTH the completed Doctor Prescription Form and your Program Completion Receipt (see below) to your FSA administrator. HSA participants just need to keep this prescription form and the program completion receipt (see below) in their income tax files in case they are ever audited and need to supply supporting documents. 

2.  Program Completion Receipt (verification of program completion and payment)

After you’ve completed the program, you’ll be invited to take a final survey (to get your Eating Well Plan that will help you move forward with your new lifestyle). In this survey, you’ll be asked if you need a completion receipt. Select “yes” and enter the health condition(s) your doctor included in your prescription form. We’ll email your customized receipt to you. 

WHAT YOU NEED TO DO: After you have completed the program, you need to submit BOTH the completed Doctor Prescription Form and your Program Completion Receipt to your FSA administrator. HSA participants just need to keep this receipt and the above prescription form in their income tax files in case they are ever audited and need to supply supporting documents.

Take care and we look forward to seeing you in the program!

 
 

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