Yes, the Oura Ring is eligible for reimbursement through Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA). As of December 2023, both the Oura Ring and its associated membership are covered and reimbursable via these accounts.
Why Is an Oura Ring FSA/HSA Eligible?
The Oura Ring qualifies for FSA and HSA reimbursement because it functions as a medically relevant health-monitoring tool, offering insights beyond what standard fitness trackers provide. It tracks biometrics such as heart rate variability (HRV), body temperature trends, blood oxygen levels, and detailed sleep stages. These metrics align with IRS guidelines for medical expenses, as they can assist in diagnosing, managing, or monitoring health conditions like sleep disorders, chronic fatigue, or illness recovery.
Unlike standard fitness trackers, which primarily focus on general wellness features like step counting and calorie tracking, the Oura Ring provides actionable health data that can inform healthcare decisions. For example, its sleep tracking delivers insights into REM, deep, and light sleep, which are valuable for managing conditions such as insomnia or sleep apnea. The device’s ability to detect temperature changes or optimize recovery through HRV tracking makes it particularly useful for individuals with chronic conditions or those seeking to prevent health issues.
The Oura Ring’s focus on health management, rather than lifestyle tracking, elevates it to a medically relevant device. This distinction ensures it meets FSA/HSA eligibility criteria, offering users a tool that supports proactive health monitoring while remaining compliant with IRS regulations.
How to Purchase an Oura Ring With an FSA/HSA
Follow these steps to purchase the Oura Ring using your Flexible Spending Account (FSA) or Health Savings Account (HSA) funds:
1. Confirm Eligibility With Your FSA/HSA Provider
Before purchasing, verify that the Oura Ring qualifies as an eligible medical expense under your specific plan. While the Oura Ring and its membership are generally recognized as eligible for reimbursement, some providers may have different policies.
2. Purchase the Oura Ring
Visit the official Oura Ring website or an authorized retailer.
Choose your preferred ring style, finish, and size.
Add the product to your cart and proceed to checkout.
If your FSA or HSA card is not accepted at checkout, use a personal credit or debit card and request reimbursement later.
3. Save Your Receipt
Make sure your itemized receipt includes the following details:
Name of the provider or retailer (e.g., Oura).
Date of purchase (must fall within your current FSA plan year).
Description of the item purchased (e.g., “Oura Ring Gen 3”).
Total purchase amount.
Keep your receipt, as it will be required for reimbursement if you pay out of pocket.
4. Submit a Reimbursement Claim
If your provider requires you to file a claim:
Log into your FSA or HSA portal and navigate to the claims section.
Upload your itemized receipt and any required information.
Submit your claim for review.
5. Maintain Documentation
Retain all receipts and related purchase records in case your FSA or HSA administrator requests verification or for future tax documentation.
An LMN (Letter of Medical Necessity) is not required for the Oura Ring, but keeping documentation of its health-monitoring features may be beneficial.
