Flexible spending accounts (FSA) and health savings accounts (HSA) help you save money for out-of-pocket medical expenses including eyeglasses, sunglasses, and contact lenses. If you have an FSA or HSA, it is important to know how to get the most for your money.
If you’re looking for how to use vision insurance for eyewear purchases, head to our vision insurance page.
Always check with your plan administrator to see which products (at what price point) qualify for your plan.
Frequently Asked Questions
How Do FSAs and HSAs Work?
These accounts are used to add pre-tax dollars toward future out-of-pocket medical expenses. The amount that is able to be contributed varies year to year. If you have an FSA, carefully calculate how much money you foresee using within a year. At the end of December, any leftover money will be lost. However, some employees may offer a grace period of extra time to spend the money or an amount allowed to rollover. If you have an HSA, contributions will roll over annually and earn tax-deferred interest. Plans vary so some restrictions may apply. Contact your FSA or HSA plan provider for eligibility and applicable rules.
Do I Qualify for an FSA or HSA?
In most cases, you are eligible for an FSA if it’s offered by your employer. You can set up an HSA if you are covered by a high-deductible health plan (HDHP), not covered by an additional medical plan, cannot be claimed as a dependent on someone’s tax return, and not entitled to Medicare benefits.
Which Products are Covered by HSA/FSA?
Always check with your plan administrator to see which products (at what price point) qualify for your plan. HSAs and FSAs should both cover eyeglasses, prescription sunglasses, reading glasses, and contact lenses. Plano (non-prescription) and cosmetic lenses are not covered. Check out our sister site DiscountContacts.com for affordable contact lenses.
How Do I Use FSA or HSA Money at DiscountGlasses.com?
FSA or HSA debit cards can be used to purchase products on DiscountGlasses.com. If you don’t have an FSA or HSA debit card, pay for products as usual. Then, send the itemized receipt to your plan provider for reimbursement. Make sure before purchasing anything that it will be covered by your plan first. Orders can also be placed over the phone with our customer service team who will be able to help guide you through the process and answer any questions.
How Do I Get My Itemized Receipt from DiscountGlasses.com?
To get reimbursed for your order, you will need to send your receipt to your FSA or HSA provider. Go to your account page on DiscountGlasses.com, click on the orders tab, select the order you want the receipt for, and there will be a button labeled “print receipt”. Some plans require a more detailed invoice than what we provide. If so, reach out to our customer service team who will be able to provide a more specified receipt.
Can I Return an Order Paid for with FSA/ HSA Money?
Yes, our Happiness Guarantee allows for free 365-day returns. However, since FSA money expires after a year, that money might be forfeited depending on the timing of your return. Check with your plan provider first before requesting a return.
Don’t let your FSA money go to waste—use it on eyewear before the year ends! If you want to spend it on contacts instead of glasses, visit our sister site DiscountContacts.com for high-quality, affordable contact lenses.