Reimbursed HSA expense?

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Offshore
Posts: 362
Joined: Wed Apr 09, 2008 9:43 am
Location: Michigan's West Coast

Reimbursed HSA expense?

Post by Offshore » Sun Jul 16, 2017 9:18 am

Concierge medicine costs $6,500. in my town. I am considering it for my family. Can the cost be paid from an HSA? Bear in mind, the concierge medicine physician becomes the primary care physician, with a longitudinal relationship (not a one time visit).
Here is one answer I found, but a bit confusing to me:

"if the expense is directly related to a qualified medical service that has been provided, it is reimbursable. If it is only for access to services, or the right to “get in the door,” then it is not a qualified medical expense for HSA/FSA reimbursement purposes."

Please, not let's get into the discussion of why concierge medicine. Thanks!

jebmke
Posts: 6885
Joined: Thu Apr 05, 2007 2:44 pm

Re: Reimbursed HSA expense?

Post by jebmke » Sun Jul 16, 2017 9:27 am

What was the source of the quote?
When you discover that you are riding a dead horse, the best strategy is to dismount.

abner kravitz
Posts: 208
Joined: Tue May 05, 2015 7:42 am
Location: Beaufort County, SC

Re: Reimbursed HSA expense?

Post by abner kravitz » Sun Jul 16, 2017 9:41 am

I pay a modest concierge fee. The bill always states (in bold) that this expense is not allowable for HSAs. Not quite sure why my MD feels he must be a tax advisor too, but I believe his statement on this.

runner3081
Posts: 781
Joined: Mon Aug 22, 2016 3:22 pm

Re: Reimbursed HSA expense?

Post by runner3081 » Sun Jul 16, 2017 8:12 pm

You can not use the HSA for "membership" fees.

https://www.wageworks.com/employees/sup ... e-expenses

Go down to Concierge medicine on the chart, not valid.

Helo80
Posts: 436
Joined: Sat Apr 29, 2017 8:47 pm

Re: Reimbursed HSA expense?

Post by Helo80 » Sun Jul 16, 2017 8:18 pm

Just want to make it clear that the intention of this comment is not to go political and to discuss hypothetical legislation (as both are against the rules). However, the new healthcare law up for a vote.... one of the benefits being touted is expansion of HSAs such you would be able to pay healthcare insurance premiums from HSA accounts.

I say that because the way it was talked about.... I don't think that there's a way to legally do that now as affirmed by several posters above.

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