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Don't Forget About Your HSA/FSA Dollars

December 03, 2021

 

Time seems to speed up at the end of the year, doesn’t it? In the midst of all the holiday events and planning, don’t forget that now is the best time to invest in migraine care.

 

If you have a Flexible Spending Account (FSA), you may lose the money if you don’t spend it by year’s end or shortly after. Your Health Savings Account (HSA) funds won’t be lost, but if they’re just sitting there, you should consider spending them soon.  

 

Did you know that CEFALY devices and electrodes are eligible HSA/FSA expenses? Here’s how to use your account to get migraine relief.

 

How does an HSA work?

 

A Health Savings Account (HSA) allows you to put aside pre-tax money to pay for qualified medical expenses. It’s available to people who have a High Deductible Health Plan (HDHP), which is a type of health insurance plan that only covers certain preventive services before you have to pay the deductible.

 

You can use your HSA money simply by paying for eligible medical expenses with a debit card for the account. You won’t lose the money you put into an HSA account; the funds roll over to the next year if you don't spend them.

 

How does an FSA work?

 

An FSA is a special account that can be used to pay for certain out-of-pocket health care costs. You don’t pay taxes on the money you contribute to your FSA, and your employer may add money to the account as well.

 

FSAs are limited to $2,750 per year per employer, and most require you to use all the money in your account by the end of the year. Some employers, however, give you a grace period of up to 2½ months to use the money. Others let you roll over up to $550 per year to use the next year. Not sure what your employer’s policy is? Just ask!

 

Is CEFALY covered by FSA?

 

Yes! CEFALY — an FDA-cleared, clinically proven medical device for migraine — is an eligible medical expense for FSA reimbursement. If you have FSA funds you need to spend, you could try CEFALY for the first time or upgrade your older CEFALY device to a new one.

 

Consider buying the CEFALY DUAL Enhanced device plus electrodes bundle. You get the device plus 18 standard electrodes, which is enough for up to six months of treatment. You can save a lot by purchasing the bundle, compared to buying the CEFALY DUAL Enhanced and electrodes separately. You don’t need a prescription to buy CEFALY.

 

You can buy CEFALY with FSA funds if you have a debit card for the account. Otherwise, you can submit a claim to the FSA (through your employer) with proof of the medical expense and a statement that it has not been covered by your plan. Then, you’ll be reimbursed. Your employer can provide guidance on how to use your specific FSA.

 

Are CEFALY electrodes FSA-eligible?

 

Yes! Electrodes are an eligible FSA expense — and a great way to use up extra FSA funds. Order the standard electrodes or hypoallergenic electrodes, if you have sensitive skin or a known allergy to acrylates. You can purchase electrode packs here.

 

Can I use my HSA to pay for CEFALY?

 

Yes! Purchase of the CEFALY device and/or electrodes is a qualifying medical expense for HSAs. Simply use your HSA debit card to purchase CEFALY.

 

What other migraine treatments can I spend my FSA/HSA money on?

 

The IRS defines qualifying medical expenses as “the costs of diagnosis, cure, mitigation, treatment, or prevention of disease, and for the purpose of affecting any part or function of the body.” These expenses can include medical services, treatments, devices, equipment and supplies. They must, however, have a primary purpose of alleviating or preventing a physical or mental disability or illness. So you can’t use your FSA/HSA funds for something like a vacation, even if you really need one! You, can, however, use that money to build up your migraine toolkit with items like:

  •  Over-the-counter pain relievers
  • Heat and cold therapy, such as neck wraps, ice packs, or cooling gel
  • Therapeutic blue-light filtering glasses, or migraine sunglasses

 

What about migraine self-care and alternative treatments? Can you use your FSA or HSA to pay for things like massage, acupuncture or yoga classes? You may be able to, if your healthcare provider gives you a Letter of Medical Necessity (LMN) saying the treatment is being used to treat, prevent or mitigate migraine.

 

Can I get help paying for CEFALY if I don’t have an FSA or HSA?

 

We believe that everyone living with migraine deserves drug-free relief. That’s why we try to make CEFALY accessible to everyone.

 

  • You can pay for your CEFALY device or the bundle with easy, low monthly payments through Affirm. Learn more and see if you qualify.
  • Refer a friend, and you both get $25! Give your friends a discount code for $25 off the new CEFALY DUAL Enhanced device, and you get a $25 Amazon gift card after their completed purchase. Here’s how.
  • Wondering what CEFALY feels like, and just want to give it a try? Get a free 7-day trial of the CEFALY DUAL Enhanced, thanks to our partnership with nok. Learn more.

 

Just remember that reducing the frequency and intensity of your migraines doesn’t happen immediately. Take your time adjusting to CEFALY and slowly ramping up the treatment intensity. You can use the free CeCe migraine management app to track your treatments and symptoms, so you can see your progress over time. Remember, you have 90 days to return your CEFALY device if you’re not satisfied with the results. Learn more about our guarantee.

 

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