Yes, compression stockings are eligible for reimbursement with a Flexible Spending Account (FSA) or Health Savings Account (HSA), provided they offer compression of at least 30 – 40 mmHg.
Are All Compression Stockings FSA/HSA Eligible?
Not all compression stockings are FSA/HSA eligible. To qualify for reimbursement, compression stockings must have a medical purpose and meet specific criteria. Stockings providing a compression level of at least 30-40 mmHg are typically eligible, as they are designed to treat medical conditions such as venous insufficiency, varicose veins, or post-surgical recovery. These products are considered medical expenses under IRS Code Section 213(d) because they are used to alleviate or prevent a specific health condition.
However, compression stockings with lower compression levels (e.g., 15-20 mmHg or 20-30 mmHg) that are marketed primarily for general comfort, wellness, or athletic performance are not eligible unless prescribed by a healthcare professional for a specific medical condition.
How to Purchase Compression Stockings With an FSA/HSA
Once you’ve checked that the compression stockings are FSA-eligible, you can purchase them using your FSA/HSA card. For guaranteed FSA/HSA eligible stockings, visit the buyFSA.com online store or in the buyFSA mobile app, then click the button to add them to your cart. From there, you can click checkout and enter your FSA/HSA card details in the fields provided to purchase the stockings directly through your FSA/HSA account. If you prefer to buy the stockings out of pocket, please save a copy of your receipt and submit it to your provider for reimbursement.
Your provider will require the following information before they can reimburse you:
Name of the provider
Date of purchase/service rendered (note that for services, they must be rendered within the plan year for FSAs)
Description of items/services rendered
Itemized list of products purchased with UPCs (if purchasing items at a retailer that doesn’t accept FSA/HSA cards or if using a regular credit card)
Total amount of purchase
