You can now use your Health Savings Account to purchase (or reimburse yourself for) over-the-counter (OTC) medications and supplies without a prescription. Learn more.
When you enroll in the Health Savings Plan (HSP), HealthEquity—our HSA administrator—will send you an HSA debit card. Use your debit card as a convenient way to pay for eligible expenses at the doctor’s office, pharmacies or anywhere that takes debit cards. The money comes directly out of your account, and you don’t need to submit a claim for reimbursement. (Hang on to your receipts, however, just in case there is any question about an expense being eligible.)
Paying Expenses With Your HSA
Medical, Behavioral Health, Vision and Dental Care
Receive services from a provider
Your provider bills Anthem/VSP/Delta Dental
Anthem/VSP/Delta Dental sends you an Explanation of Benefits (EOB)
Your provider sends you a bill
Prescription Drug Expenses
Fill or refill a prescription
The pharmacy verifies your coverage and provides a cost for your prescription(s)
Pay for your prescription with your HSA
- Pay with your HSA debit card
- Pay using another method and request reimbursement from HealthEquity
Over-the-Counter Medications and Products
Effective March 27, 2020 you can use your HSA to pay for over-the-counter medications and supplies, including menstrual care products, without a prescription. This change is retroactive to January 1, 2020.
Your claims from Anthem, OptumRx, VSP and Delta Dental will be sent to HealthEquity, so you can view all of your health care claims on the HealthEquity member portal.
- View your balance
- Review and edit your personal information
- View your transaction history
- See current interest rates
- Download monthly statements and tax forms
- Start investing or manage your investments
- Request additional or replacement debit cards
- Add beneficiaries
- Request reimbursement
- Pay providers
- Securely store receipts electronically
In the event that you are audited by the IRS, you may be required to provide documentation of medical expenses paid from your HSA. You can upload your receipts, invoices, explanation of benefits (EOBs), written prescriptions (including those for over-the-counter medication) and other official documentation using the HealthEquity member portal. These documents will remain safe and secure for future access.
Because your HSA is a tax-advantaged account, the IRS requires you to report how you use the account on your income tax return, typically on Form 8889. HealthEquity provides two tax statements, as applicable, each year: 1099-SA and 5498-SA.
Log in to HealthEquity member portal for more information.
Get all the details about managing your account from HealthEquity.