7+ Guide: Are COVID Tests FSA Eligible? (2024)

are covid tests fsa eligible

7+ Guide: Are COVID Tests FSA Eligible? (2024)

Reimbursement for diagnostic testing associated to the SARS-CoV-2 virus, using funds from Versatile Spending Preparations, is a typical inquiry. These preparations enable pre-tax {dollars} to be put aside for certified healthcare bills. A typical instance would contain buying an at-home check and submitting the receipt for reimbursement from the FSA account.

The importance of this eligibility stems from the potential to scale back healthcare prices for people and households. Traditionally, the provision of FSA funds for these assessments has fluctuated relying on authorities rules and public well being emergency declarations. The power to make use of pre-tax {dollars} for such bills successfully lowers the out-of-pocket value, making testing extra accessible.

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