How does FSA/HSA Eligibility for the Prehab app work?

If you have access to a Health Savings Account (HSA) or Flexible Spending Account (FSA) and you are a US resident, your future payments are likely eligible for reimbursement. Exercise is medicine and can often count for tax-free spending, letting you pay for the Prehab App as a qualified medical expense.

We’ve partnered with TrueMed to facilitate this process. They will help you obtain a letter of medical necessity, which will assist with making the Prehab App eligible for HSA/FSA use! TrueMed on average helps consumers save on average 30% with HSA/FSA-eligible purchases. Consumers' savings is usually equal to their income tax rate.

CLICK HERE to get instructions on this process

What are HSA & FSA rules with something like the Prehab App?

The IRS dictates HSA & FSA legislature - TrueMed has a great legal overview as it relates to exercise.
Regarding the Prehab App, digital physical therapy falls under the broader category of medical care, making it eligible for HSA & FSA use, provided it is part of a treatment plan or prescribed by a healthcare professional.
While digital physical therapy is more clearly a medical expense, it is still a good idea to obtain a Letter of Medical Necessity from your healthcare provider. This letter should state that the app is part of your prescribed treatment plan for a specific medical condition (TrueMed will help with this).

Are there differences between HSA & FSA legislature?

There are differences noted below between HSA & FSA accounts, but in both cases we do encourage you to get a Letter of Medical Necessity annually to ensure that the purchase of a Prehab App membership is eligible for HSA/FSA reimbursement!

HSA

Reimbursement range may not be limited to only 30%.
HSAs tend to be more flexible compared to FSAs. Some administrators may not require a Letter of Medical Necessity at all where other administrators may still want one, but it could be potentially obtained after your purchase.
Some HSA administrators might require pre-approval before making the purchase, so it’s a good idea to check with them beforehand.
While the likelihood of approval is higher for a digital physical therapy app, purchasing without a letter might still pose a risk of reimbursement claim denial if your HSA administrator requires additional proof of medical necessity as health, wellness, & fitness apps are often seen as general health expenses rather than specific medical expenses
Once you have your prehab app membership receipt and your Letter of Medical Necessity, you can submit these to your HSA administrator for reimbursement.

FSA

FSAs tend to be stricter compared to HSAs - requiring pre-approval for medical expenses.
We strongly encourage FSA account holders to go through the process with TrueMed to ensure eligibility, receive a letter of medical necessity, sign up & purchase a Prehab App Membership, then submit for reimbursement!

‘How it works’ with [P]rehab & TrueMed

TrueMed helps with providing a 'doctor's note' via a letter of medical necessity to leverage FSA/HSA. TrueMed basically takes the place of the users 'doctor' for the prehab user to get the letter of medical necessity
To ensure HSA/FSA eligibility and receive a Letter of Medical Necessity - you will fill out a quick 2-minute survey and pay $15 USD. Your Letter of Medical Necessity is valid for 1 year.
You can expect your letter from TrueMed in 24-48 hours in most cases as well as instructions for how to submit for reimbursement
If you haven’t already, sign up for a Prehab App membership (annual will be easiest for submitting 1x/year) and once you have your purchase receipt, follow TrueMed’s reimbursement submission instructions.
TrueMed does not facilitate reimbursement, so they can't make guarantees on timing there, but most people report receiving reimbursement in just a couple business days after submitting to their HSA/FSA providers.
CLICK HERE to get instructions on this process