From eligible telehealth services to products that promote self-care and whole-person health, flexible spending accounts (FSA) and health savings accounts (HSAs) deliver personalization, flexibility, and savings
DALLAS (October 9, 2024) – It’s estimated that one in five American adults experience mental illness each year, with less than half finding timely access to treatment. In recognition of World Mental Health Day on October 10, Health-E Commerce® is sharing four ways to support mental health with tax-free flexible spending account (FSA) and health saving account (HSA) funds at FSA Store® and HSA Store®.
“World Mental Health Day is not only an opportunity to recognize and drive awareness for the mental health crisis in our country, but it’s an opportunity to educate individuals and families about ways they can support their own wellbeing by using their FSA and HSA funds to pay for eligible mental health services and products that contribute to their total wellbeing,” said Jenna Everhart, senior vice president of human resources for Health-E Commerce.
According to Health-E Commerce, following are IRS-approved FSA and HSA expenses that support better mental health.
Telehealth Services. HSA Store and FSA Store offer easy access to eligible telehealth services from BetterHelp that support mental health for people of all ages.Subscribers can search from thousands of licensed mental health specialists and can schedule virtual and in-person counseling.
Self Care. Physical and mental wellbeing are closely connected, which is why pain relief products like a massaging weighted heat pad, calming heat back wrap, and eye pillows can play a role in managing mental health, as can products that provide migraine relief.
Sleep Support. Achieving consistent, quality sleep can improve mental health, and with FSA- and HSA-eligible items like sleep aid medications, pain relief eye pillows and neck wraps this can be within reach for account holders. The newly eligible WHOOP wearable device can also help individuals better track sleep and other diagnostic health factors.
Pain Relief. There is a connection between how our brains process pain and our emotions, which means that reducing pain and muscle tension can support mental health. Products like a heated, deep-tissue massage gun and pain-relief pads can help, as can acupressure or cupping devices.
To learn more about using tax-free funds to support mental wellbeing, visit the searchable eligibility lists at FSA Store or HSA Store.
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Positive mental health is something we all strive for. Unfortunately, one in five adults say they experience mental illness annually, and less than half find timely access to treatment, therapy or medications. What many people don’t realize is that they can use tax-free flexible spending account (FSA) and health savings account (HSA) funds to pay for many healthcare items and services that improve mental wellbeing. To raise awareness of this fact on World Mental Health Day, Health-E Commerce® is sharing four ways to support mental health with FSA and HSA. Read our news release to learn more about the surprising ways FSA and HSA users can improve their mental health with these tax-free benefits!
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About Health-E Commerce
Health-E Commerce is the parent brand to FSA Store and HSA Store, online stores that serve the 70+ million consumers enrolled in pre-tax health and wellness accounts. The company also created Caring Mill™, a popular private-label line of health products through which a portion of every purchase is donated to the Children’s Health Fund. Since 2010, the Health-E Commerce brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits. Health-E Commerce plays an essential role in expanding product eligibility for important new categories within the list of eligible medical expenses.