Does FSA Cover Reading Glasses?

Flexible Spending Accounts (FSAs) are employer-sponsored accounts that allow individuals to set aside pre-tax dollars from their paychecks. FSAs provide a tax-advantaged way to pay for eligible medical, dental, and vision expenses not covered by health insurance. This reduces an individual’s taxable income.

Eligibility for Reading Glasses

Flexible Spending Accounts generally cover expenses for reading glasses, whether prescription or over-the-counter (OTC). Prescription reading glasses are eligible as medically necessary for vision correction. This also extends to other prescription eyewear like bifocals, progressives, sunglasses, and contact lenses.

Over-the-counter reading glasses became eligible for FSA reimbursement without a prescription due to changes introduced by the CARES Act in 2020. This legislative change expanded the list of eligible OTC items. Eye exams specifically conducted to determine a prescription for vision correction are also eligible expenses.

Not all eyewear-related purchases qualify for FSA reimbursement. Non-prescription sunglasses, fashion glasses without corrective lenses, or cosmetic contact lenses are not eligible. Extended warranties for eyewear or insurance premiums for vision plans fall outside FSA coverage. Generally, if an item is not directly used to correct vision or treat a medical condition, it is not covered.

Documentation Requirements

When seeking FSA reimbursement for reading glasses or vision care expenses, retain proper documentation. An itemized receipt is required for all purchases. This receipt must clearly list the date of service or purchase, the provider or merchant’s name, a detailed description of the item or service, and the exact amount paid.

For prescription reading glasses, a prescription must be available if requested by the FSA administrator for substantiation. For over-the-counter reading glasses, the itemized receipt showing the purchase is sufficient. For eye exams, a detailed statement or receipt from the eye care professional outlining services and cost is necessary.

Maintaining organized records of all healthcare expenses and documentation is recommended. This can streamline the reimbursement process and help address any requests for additional information from your FSA administrator.

Submitting Your Claim

Submitting an FSA claim is a straightforward process once documentation is gathered. Most FSA administrators provide online portals or mobile applications for electronic submission. Claims can also be submitted via mail or fax, depending on the plan.

The procedure involves completing a claim form and attaching or uploading itemized receipts and supporting documentation. If an FSA debit card was used, keep receipts as the administrator may request them for verification.

After submission, claims are typically processed within a few business days. Funds are usually reimbursed directly to your bank account via direct deposit or by check. Monitor your account for reimbursement and be prepared for follow-up requests from the FSA administrator.