FSA & HSA
Is our eyewear FSA & HSA eligible?
Yes! If our styles include prescription lenses, you can use your FSA or HSA to pay for them.
How do I use my FSA/HSA card to purchase eyewear at DiversionX?
If you have an FSA or HSA card, enter the card’s information at checkout like how you normally would with any other credit card.
What if I don’t have an FSA/HSA card?
If you don’t have your FSA/HSA card on you, just use your credit card and get reimbursed from your FSA/HSA provider. You will most likely be required to submit a reimbursement form along with a receipt to your provider. A receipt will be included on your shipping confirmation email.
What is FSA/HSA?
Flexible Spending Account (FSA) and Health Savings Account (HSA) include funds that are allocated aside to pay for medical- and vision-related expenses. The funds contributed to an FSA and HSA are not taxable.
HSA and FSA can be used to pay for the following vision products and services:
- Prescription eyeglasses
- Prescription sunglasses
- Contact lenses
- Contact lens solution
- Eye exam copays
What is the difference between FSA and HSA?
Flexible Spending Account (FSA) is generally associated with a PPO (preferred provider organization) health insurance plan. You can contribute up to $2,750 annually to your FSA in 2020 and 2021. An FSA plan year typically starts on January 1st and ends on December 31st, unless your employer offers a grace period. You can redeem FSA dollars in the following ways:
- Manually submitting receipts to your provider
- Using an FSA debit card
Health Savings Account (HSA) is similar to an FSA but allows you to have more control over the funds. It is part of an HDHP (high-deductible health plan). You can contribute a maximum of $3,600 (Individual) or $7,200 (family) to an HSA annually for the years 2020 and 2021.