Equip Products & Truemed
At Equip Products, we are committed to making adaptive fitness and wellness more accessible to everyone. One of the best ways to reduce the cost of fitness equipment and related services is by leveraging your Health Savings Account (HSA) or Flexible Spending Account (FSA). Thanks to Truemed, qualifying customers may be able to pay for eligible purchases with their HSA/FSA funds, making it easier to invest in the products that support their health and well-being.
What Is Truemed?
Truemed is a service that simplifies the process of using HSA/FSA funds for eligible fitness products and services. While Truemed doesn’t make any products or services eligible for reimbursement, it provides a convenient way for consumers to obtain a Letter of Medical Necessity (LMN), if required, for their purchase. With this documentation in place, customers can easily use their HSA/FSA to pay for eligible purchases directly through the Equip Products website.
By using Truemed, you can enjoy substantial savings—up to 30% on average—when paying for qualified purchases with your HSA or FSA funds. If you’ve been looking to invest in adaptive fitness equipment, now might be the perfect time to take advantage of this benefit.
HSA/FSA Eligibility for Equip Products
You may be wondering if your purchase from Equip Products is eligible for HSA/FSA reimbursement. While not all products or services qualify, many items that support your fitness journey may be eligible, such as equipment that helps address specific health needs or rehabilitation. Here’s how Truemed works to streamline the process:
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Letter of Medical Necessity (LMN): Many HSA/FSA purchases require an LMN to be eligible for reimbursement. This document is not issued automatically and requires a practitioner’s review and approval. Truemed makes it easy to request and obtain this letter if your purchase qualifies.
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Eligible Purchases: Products like workout equipment designed for rehabilitation or improving health outcomes may be HSA/FSA eligible with an LMN. For example, purchasing adaptive equipment for recovery or therapeutic use could qualify for reimbursement.
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Ineligible Purchases: It’s important to note that not all items are eligible. For example, branded merchandise like t-shirts or apparel with your favorite company’s logo will not qualify for HSA/FSA reimbursement.
Why Paying with HSA/FSA Makes Sense
Using your HSA or FSA funds for eligible purchases results in significant savings, averaging around 30%. These accounts are designed to help individuals cover health-related expenses with pre-tax dollars, which means you’re essentially getting a discount when you use them for eligible purchases.
Here are some reasons to consider using your HSA/FSA for purchases at Equip Products:
- Save 30% on average when you pay with HSA/FSA: By using pre-tax dollars, you can stretch your health and fitness budget further.
- Convenient and Easy: With Truemed’s help, obtaining the necessary documentation is simple, and you can pay directly with your HSA/FSA funds at checkout.
- Support Your Health Goals: Whether you need adaptive equipment for rehabilitation or fitness tools to support your overall well-being, using your HSA/FSA funds is a smart way to reduce out-of-pocket costs while investing in your health.
How Truemed Works at Checkout
When you make a purchase from Equip Products and you think it might be eligible for HSA/FSA reimbursement, Truemed can assist in verifying eligibility and securing the documentation you need. Here’s how it works:
- Select Your Products: Choose the adaptive equipment or products you need from Equip Products.
- Check Eligibility: Not sure if your purchase is eligible? Truemed can help by determining whether your items qualify for HSA/FSA reimbursement.
- Request an LMN: If an LMN is required, Truemed simplifies the process by helping you submit a survey for practitioner review. Once approved, you can proceed with your purchase using your HSA/FSA funds.
- Pay Directly at Checkout: If your purchase is eligible, you can pay directly with your HSA/FSA, saving time and money.
Common Questions About HSA/FSA Eligibility
1. Is every purchase at Equip Products eligible for HSA/FSA reimbursement? Not all products or services are eligible for reimbursement. Products like workout equipment designed for therapeutic or medical purposes may qualify, but items like branded t-shirts or accessories do not.
2. What is a Letter of Medical Necessity (LMN)? An LMN is a document that may be required for certain products to be eligible for HSA/FSA reimbursement. It must be reviewed and approved by a licensed practitioner based on your specific health needs.
3. How much can I save by paying with HSA/FSA? On average, using your HSA/FSA funds can save you about 30% on eligible purchases since you’re using pre-tax dollars.
4. How do I get an LMN through Truemed? Truemed helps qualifying customers request an LMN by having them complete a survey for practitioner review. If your purchase qualifies, the LMN will be issued, allowing you to pay with your HSA/FSA funds.
Equip Products and Truemed: Simplifying Your Adaptive Fitness & Therapy Journey
At Equip Products, we believe that investing in your health should be easy and affordable. With Truemed’s assistance, you can take advantage of your HSA/FSA benefits and save on the adaptive equipment you need to stay active and healthy. Whether you’re recovering from an injury, managing a condition, or simply seeking tools to support your fitness goals, Equip Products is here to help you every step of the way.
Don’t miss the opportunity to save up to 30% on eligible purchases—check out Equip Products today and see how your HSA/FSA funds can work for you!