Yes, Covid tests are eligible for reimbursement with a Flexible Savings Account (FSA) or Health Savings Account (HSA).
Why Are Covid Tests FSA/HSA Eligible?
Covid tests qualify for reimbursement through a Flexible Savings Account (FSA) or Health Savings Account (HSA) because they are classified as essential diagnostic tools under IRS Code Section 213(d). This section outlines that expenses incurred for medical care, including products used to diagnose, treat, or prevent a specific medical condition, are eligible for reimbursement.
Covid-19 tests, whether they are at-home rapid antigen tests or PCR tests administered by healthcare providers, meet the criteria as they are explicitly intended to detect and help prevent the spread of a contagious disease. The IRS has clarified that these tests fall under qualified medical expenses, supporting their inclusion in FSA/HSA guidelines.
In addition, Covid-19 tests align with the Centers for Disease Control and Prevention (CDC) standards for public health measures to combat the spread of the virus. As such, these tests are recognized as critical in monitoring and managing individual and community health, solidifying their status as eligible expenses under FSA/HSA rules.
Aas CDC standards evolve, PPE items may gain or lose status based on the most current guidance.
How to Use Your FSA/HSA to Buy Covid Tests
Purchase FSA/HSA-approved Covid tests from the buyFSA website or mobile App. Access the product page, and click the shopping cart icon below the product image to add your selection to your cart. Continue shopping. When you’re ready to complete your purchase, click the shopping bag icon in the top right corner.
On your cart screen, check that your order is correct and add or delete products if required. You can now proceed to checkout by clicking the checkout button. Add your contact, delivery, and FSA/HSA card details in the spaces provided. Include your regular credit card information for an out-of-pocket payment. Use the pay now (FSA/HSA) button to complete your payment.
Credit card users can upload their payment receipt to submit a claim to their FSA/HSA provider. Ensure you include the following information:
Name of the provider
Date of purchase or service rendered (the services rendered must be within the FSA’s plan year)
Description of items/services rendered
Itemized list of products purchased with UPCs (if procuring items at a retailer that doesn’t accept FSA cards or if using a regular credit card)
Total amount of purchase
