Expenses Not Incurred During The Coverage Period: HSA Eligibility

Expenses Not Incurred During The Coverage Period: reimbursement is not eligible with a Health Savings Account (HSA)

Expenses not incurred during the coverage period of a flexible spending account (FSA), health savings account (HSA), a health reimbursement arrangement (HRA), a limited-purpose flexible spending account (LPFSA) or a dependent care flexible spending account (DCFSA) are not eligible for reimbursement.

When are expenses eligible for reimbursement?

Consumer-directed healthcare plan expenses eligible for reimbursement must be incurred during the coverage year and while you are an active participant in the plan. Other things to keep in mind are that only employees participating in a consumer-direct healthcare plan can submit claims for reimbursement. Claims for reimbursement can be submitted at any time during the coverage period. Some employers have a designated, specific period after the coverage period ends called a “Run-out period” during which time claims may also be made (Ameriflex). This period is described in an employer’s Summary Plan Description (SPD), and varies per employer.

Popular Categories

Don't know where to begin? Start with these popular categories to find the eligible items and services you need.
Or, take our quiz and see how well you know what your HSA covers.