Category: Tax advantaged healthcare

According to the IRS, weight-loss products like meal replacement shakes are typically not eligible for Health Savings Account (HSA) coverage unless specific criteria are met. This means that for general wellness purposes, your HSA will not cover SlimFast, but there are exceptions based on a medical diagnosis.

According to IRS regulations, expenses considered 'merely beneficial to general health,' including vitamins like Emergen-C, are not qualified medical expenses for your HSA. An exception exists, however, if a healthcare provider prescribes it to treat a specific medical condition, elevating it from a wellness item to a medically necessary treatment.