Your Next Bed May Be HSA- or FSA-Eligible. Here’s How | Global News Avenue

The health impacts of a poor-quality mattress extend far beyond a night of tossing and turning. it can cause severe pain and can easily exacerbate existing health conditions. Here’s why the IRS lets you use pre-tax dollars Health Savings Account (HSA) or a Flexible Spending Account (FSA) for health-forward projects such as smart ring Or bedding. An HSA or FSA is a great way to buy the new mattress you need, but not everyone can get one. First, you must be qualified.

Every mattress manufacturer has a different process. For example, with Number of sleepsyou first purchase a mattress and then complete a qualification survey. and avocado, You fill out the questionnaire first and then check it out. If you’re considering buying a new bed, here’s how to use HSA or FSA funds to buy your next bed.

Can I use an FSA or HSA with my mattress?

Mattresses are generally not covered HSA and FSA Fundsbut there are exceptions. according to HSA store“The cost of a mattress is eligible only if the components and construction costs of the mattress exceed the cost of a typical health-standard mattress.” To use your funds to purchase a new mattress, you’ll need to provide Certificate of Medical Necessity (LMN) A statement from a medical professional stating that you have a medical need for a new mattress that qualifies as an HSA or FSA.

Common symptoms of LMN include, but are not limited to, the following:

Mattress qualifications include adult and children’s beds. By 2024, Annual pre-tax payment for a health savings account The cap is $4,150 for individuals and $8,300 per household, with an additional $1,000 available for those 55 and older. You can use these funds throughout the year, but any unused funds will be forfeited after December 31 of each year. Once you submit your claim and LMN, it usually only takes a few days to get your expenses approved.

Mattress brands that may be eligible for FSA or HSA

These are some of the most popular mattress brands that may qualify for FSA or HSA and their respective processes buy a new mattress.

Number of sleeps

Number of sleeps is one of the most reputable mattress manufacturers with an established process for purchasing new FSA and HSA-eligible mattresses. it is Smart bed series Including c2, p5 and i8 smart beds.

it’s easy Purchase a new Sleep Number bedjust three steps.

1. buy your mattress:Once you’ve selected the mattress you want to purchase, complete your purchase as you normally would.
2. Complete the Truemed ​​survey: Your receipt or order confirmation will include a link to a quick reimbursement survey from Sleep Number’s health advocacy partners, Trumed. Results are automatically submitted to a licensed provider so you can receive a free evaluation.
3. Submit documents:If you are approved, the LMN will be emailed within a few days. This includes instructions on how to submit a claim for reimbursement to your HSA or FSA provider.

nectar

nectar is a popular mattress manufacturer, Popular models For example Nectar Luxury and Nectar Premium Hybrid.

Nectar uses a simple processLike its competitors, use HSA or FSA funds toward a new mattress.

1. Go to checkout: Add the mattress of your choice to your cart and select “Pay with HSA/FSA” under “Payment Method.”
2. Complete the questionnaire: Nectar requires you to complete a quick survey about your health to confirm eligibility.
3. Submit your claim: Pay for your mattress directly with your HSA or FSA funds, or you can use a personal payment method to submit a claim to your HSA or FSA administrator later.

avocado

and avocadoyou have a wide selection of FSA- and HSA-eligible mattresses for adults and children. All mattresses are eligible and have exclusive HSA/FSA markings and a green check icon in place of the “Buy Now” box.

Avocado also requires three stepsbut they are slightly different from sleep numbers.

1. Check your eligibility: Complete Sika’s quick survey to determine eligibility.
2. Buy your mattress: Use Sika to purchase the mattress of your choice and check out with your HSA or FSA funds.
3. Submit your claim: Instructions for submitting a reimbursement request will be on your Sika receipt. If you are approved, your medical necessity letter will follow.

Mengyun

Mengyun return Requires three steps Get reimbursed for new beds.

1. Check: Add your DreamCloud mattress to cart and select “Pay with HSA/FSA” as your payment method.
2. Complete survey:DreamCloud will send you an eligibility survey to complete to determine if you can use HSA or FSA funds to purchase a new mattress.
3. Pay for your mattress: You can pay with an HSA or FSA card just like a regular credit card. You can also use a personal payment method and submit a claim through your HSA or FSA administrator.

ghost bed

and ghost bed,You have Mattress options For example Ghostbed Oasis or Ghostbed Luxe. ghost bed Provides a simple process for use with Truemed.

1. Go to checkout:Add the Ghostbed mattress of your choice to your cart and select “Pay with HSA/FSA Funds” at checkout.
2. Complete the Truemed ​​survey:After purchasing your mattress, you will be redirected to the Truemed ​​website where you will complete a quick healthcare survey.
3. Complete checkout: After the survey, you can complete checkout directly through Truemed. If you prefer to pay using a personal payment method, you will need to file a claim afterwards to receive reimbursement.

bottom line

If your sleep is ruined by your mattressyou can get pre-tax dollars to buy a new one. However, mattresses are generally not covered by HSA/FSA funding unless a medical professional deems them medically necessary. Keep in mind that getting approval can be challenging, so you may not receive the funds to purchase a new bed.

If budget is an issue, consider a more affordable mattress such as Brooklyn Bedding Iconic Hybrid, This is a cost-effective option and great value. our guide The best mattresses of 2024 can help you find a mattress that suits your needs at a price you can afford.