Using HSA and FSA Accounts to Pay for Therapy
Therapy is an investment in your mental health, and many clients can make it more affordable by using Health Savings Accounts (HSA) or Flexible Spending Accounts (FSA). Here’s what you need to know if you wish to pay for therapy this way:
What Are HSA and FSA Accounts?
- HSA (Health Savings Account): A tax-advantaged savings account paired with a high-deductible health plan. Funds can roll over year to year.
- FSA (Flexible Spending Account): A tax-advantaged account offered by employers. Typically, funds must be used within the plan year, though some plans allow a short rollover.
Using HSA/FSA for Therapy
Many therapy services, including sessions with out-of-network providers (me, I’m her), qualify as eligible medical expenses. You can use your HSA or FSA funds to pay for sessions directly, making therapy more accessible without affecting your regular budget.
Tips:
- Keep receipts: Most HSA/FSA providers require itemized receipts for reimbursement.
- Check eligibility: Confirm with your HSA/FSA administrator that mental health services are covered.
- Use Superbills: If your provider is out-of-network, a Superbill can document the service for reimbursement.
How Ocean View Therapy Can Help
At Ocean View Therapy, I provide Superbills for all clients using HSA or FSA accounts. While I cannot guarantee reimbursement, I’m happy to guide you through the process to make therapy more accessible.
Using HSA or FSA funds is a great way to prioritize your mental health while taking advantage of benefits you already have with your insurance plan. Have more questions about this? Feel free to reach out.
Please Note: The information provided on this website is for educational and informational purposes only. It is not intended to be mental health therapy, diagnosis, treatment, or a substitute for professional therapeutic services. Viewing this site or communicating through it does not establish a therapist–client relationship.
If you are seeking mental health services, please contact a licensed professional in your area or reach out directly to inquire about starting therapy. If you are in crisis, call your local emergency services or crisis hotline immediately.
