Using Your HSA or FSA Account for STD Testing
What is an HSA account?
A health savings account (HSA) is a tax-favored savings account that is part of many health insurance plans. The amount you spend from your account can help you reach your annual deductible. The money in your health savings account is yours to keep and earns interest for you.
Many Americans have health insurance plans that offer a health savings account. The balance of these accounts can grow quickly and many of us forget about this money we have available to spend on our healthcare needs. The balance of your HSA is yours and will continue to accumulate year after year and earn interest.
Can I use my HSA card for STD testing?
Yes. Lab tests are a medical expense that you can pay for with a health savings account (HSA) or flexible spending account (FSA) provided by your health insurance company. You can use your provided HSA or FSA debit card to order a test panel online.
Will my insurance company have access to my test results if I use my HSA or FSA account for STD testing?
No. In accordance with HIPPA (Health Insurance Portability and Accountability Act of 1996) regulations, your test results will be kept private.