Yes, most eye drops are eligible for reimbursement with a Flexible Spending Account (FSA) or Health Savings Account (HSA).
Are All Eye Drops FSA/HSA Eligible?
Not all eye drops are FSA/HSA eligible. Eye drops must serve a medical purpose to qualify for reimbursement. Medicated eye drops or those specifically marketed to treat medical conditions such as dry eyes, redness, or allergies are typically eligible. For example, products like artificial tears for dry eye relief or medicated drops for conditions like glaucoma or post-surgical care meet the criteria outlined under IRS Code Section 213(d).
However, eye drops that are primarily for cosmetic use, such as those designed solely to enhance appearance (e.g., eye whitening for aesthetic purposes) or those without a therapeutic purpose, may not qualify. Always check the product’s labeling and consult your FSA/HSA provider if you're unsure about eligibility.
How to Purchase Eye Drops With an FSA/HSA
Using your Health Savings Account (HSA) or Flexible Spending Account (FSA) to find the eye drops you prefer is simple. The buyFSA.com online store and the buyFSA mobile app make it easy to search for FSA/HSA eligible eye drops . Visit the product page for the drops you'd like to purchase and start the simple buying process. Click the add to cart button to get started.
You can then click check out from within Your Cart page. Enter your contact information on the checkout page and your FSA/HSA card information. Click place order to finalize the transaction and deduct the purchase amount from your account.
If you'd like to use a payment method other than your FSA/HSA for eye drops, you can use a credit card or PayPal instead. When paying out of pocket, you may later submit a request for reimbursement to your FSA/HSA provider. All reimbursement requests must have receipts that contain the following information:
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 buying items at a retailer that doesn't accept FSA cards or if using a regular credit card)
Total amount of purchase
