1. Health

Don't Lose Your FSA Dollars at the End of the Year

By December 12, 2010

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You may be running low on time to spend the rest of your flexible spending account (FSA) before the end of the year.

Depending on your insurance and your health care needs, here are some possible ways to drain your FSA:

  • Get some glasses.
  • Stock up on medications.
  • Birth control can be an approved expense.
  • Check your teeth.
  • See an acupuncturist - some alternative medical treatments may be covered.

And, give yourself the best holiday gift. Stop smoking - clinical smoking-cessation treatment is an OK expense.

More Information from Dr. Mike:

What do you think? Please leave a comment below or in the Health Insurance Forum.

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Photo iStockphoto.com

Comments
December 13, 2010 at 11:33 pm
(1) Michelle Jorgensen, Owner www.medicalclaimsconsultant.com says:

Remember for 2011 the rules for what is FSA eligible has changed.

: )

December 16, 2010 at 12:30 pm
(2) Sam O says:

Great quick tips for draining your FSA. I never thought about seeing the acupuncturist.

December 16, 2010 at 12:32 pm
(3) Sam O says:

Great tips on how to drain your FSA. I never thought about seeing an acupuncturist.

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