Amidst the holiday season and preparation to begin a new year, you also need to be thinking about using the funds in your Flexible Spending Account (FSA) or Health Savings Account (HSA) before January comes.
If you’re low on medical supplies or have been contemplating buying a new CPAP device
or lift recline chair
, now is the time to do it! Depending on your health insurance plan, all of the funds in your HSA or FSA may not roll over. As you’ve been putting some of your hard-earned pre tax dollars into your account all year, you want to make sure that you don’t lose what you’ve saved.
Before your funds expire at the end of December, consider what purchases you’ll need to make in the near future.
Here are a few ideas for how you can use the funds in your account before your deductible/FSA/HSA resets:
Upgrade your CPAP machine to a newer model
Purchase a lift chair to make mobility easier in 2021
Buy CPAP supplies so you’re ready to replace your old equipment next year
Invest in a travel CPAP device to take on your upcoming trips
Sanitize your CPAP supplies with a CPAP Cleaning Device
There are many more ways you can use your FSA or HSA funds before 2020 ends. If you have any questions about what your insurance/FSA/HSA might cover, contact YourCare Medical Supply
today by calling (585) 377-5350