Examples of IRS-qualified medical expenses eligible for payment with an HSA account. Follow our biweekly HSA GPS blog so we can work in collaboration on HSA administration. What is a Health Savings Account (HSA)? The Health Savings Account (HSA), established by the U.S government in 2003, is a tax-free savings account available to an eligible individual who is enrolled in a high-deductible health insurance plan (HDHP). Tax season is upon us & it's important to know about medical expense deductions. Learn about the medical expense related deductions available to U.S. taxpayers. Infant formula is typically not eligible for reimbursement with flexible spending account (FSA), health savings account (HSA) or health reimbursement arrangement (HRA). Don't let your Flexible Spending Account dollars go to waste! Shop CVS today for thousands of FSA-eligible items. FREE 1-2 day shipping on most orders. Weight-loss program only if it is a treatment for a specific disease diagnosed by a physician (e.g., obesity, hypertension, heart disease) Compression hosiery/socks, anti- An eligible expense is any healthcare expense approved by the IRS for reimbursement through an FSA. Reimbursements are only issued for eligible expenses incurred by the employee, their spouse or their eligible dependents. • Acne medications & treatments • Allergy & sinus, cold, flu & cough remedies (antihistimines, deconges- tants, cough syrups, cough drops, nasal sprays, medicated. It is difficult to schedule a doctor’s appointment for a runny nose or sore throat just so you can obtain a prescription from your doctor to purchase an FSA Eligible over-the-counter item that will provide you with relief from that runny nose or sore throat.