If you have hearing loss, hearing aids can be vital to your health and overall physical and mental well-being, helping you stay connected to the world around you. For those considering hearing aids, you may wonder if your Health Savings Account (HSA) or Flexible Spending Account (FSA) covers hearing aids. The good news? Hearing aids are eligible expenses for both FSA and HSA funds!
In this article, we’ll look at what these accounts are and how to use them to cover medical devices.
An HSA is a tax-advantaged savings account that lets those with high-deductible health plans set aside pre-tax money for qualified medical expenses, including copayments, coinsurance, and deductibles.
Here are a few advantages of using an HSA to support your hearing health:
Family coverage for an HSA is an HSA linked to a high-deductible health plan (HDHP) covering more than one person—typically yourself, a spouse, and/or dependents. In 2025, the HSA contribution limit is $8,550 for family coverage, compared to $4,300 for individuals. Funds can be used for eligible healthcare costs for you, your spouse, and your dependents, even if they are not on your HDHP.
Even better, contributions are pre-tax, grow tax-free, and can be withdrawn tax-free for qualified medical expenses.
To qualify, your health plan must be an HSA-eligible HDHP with a minimum deductible and maximum out-of-pocket limits set by the IRS. Always check with your benefits provider for plan specifics.
A Flexible Savings Account (FSA) is another tax-advantaged account that allows employees to set aside pre-tax dollars for medical expenses. Unlike an HSA, you have to spend funds from FSAs within the plan year or risk losing them.
Yes, OTC hearing aids are considered eligible expenses under most FSA and HSA plans. Remember, your plan may have specific reimbursement requirements. Save your receipt and check with your FSA administrator for any required documentation.
Yes, FSAs can cover qualified medical expenses, including copayments for doctor visits, prescriptions, and medical devices like hearing aids. They cannot be used to pay premiums.
If you're purchasing hearing aids and your insurance covers part of the cost but requires a copay, you can likely use FSA funds to cover that portion. However, it’s advisable to check with your FSA provider to confirm specific coverage details, including any necessary receipts for reimbursement.
Let’s take a closer look at a few common questions about eligibility and using an HSA or FSA:
FSAs and HSAs typically cover the following items:
Hearing aids are an essential investment for your well-being. Luckily, using an HSA or FSA can make them more affordable. If you have questions about using your benefits or need help choosing the right hearing aid, Amplifon is here to help. Take our hearing aid quiz to find what style might work for you.
Use our online tool to check your benefits, and connect with a local provider.
