Compression socks are specialized hosiery that are designed to gently compress the legs and improve circulation and blood flow. They come in different styles and compression levels, measured in millimeters of mercury (mmHg). compression socks are often recommended for conditions such as chronic venous insufficiency, post-phlebitic syndrome, edema, diabetic neuropathy, varicose veins, and orthostatic hypotension.
In the United States, flexible spending accounts (FSAs) and health savings accounts (HSAs) are tax-advantaged accounts that allow individuals to contributions pre-tax wages to cover qualifying medical expenses. To be eligible for reimbursement through an FSA or HSA, compression socks must be prescribed by a medical professional to treat a specific medical condition. Additionally, the socks must meet the criteria for FSAs or HSAs, which typically include being predominantly for medical purposes and having a prescription from a practitioner.
While compression socks may be purchased without a prescription at the pharmacy or online, they are generally not eligible for reimbursement through an FSA or HSA if bought for non-medical reasons. For example, compression socks are not typically recommended or covered for general health and wellness purposes like improving athletic performance, reducing fatigue after exercise, or soothing tired, achy legs and feet.
To learn more about the specific requirements and regulations for FSAs and HSAs, it is important to consult with your employer, plan administrator, or a professional financial advisor. They can provide guidance on which healthcare items are eligible for reimbursement and how to properly document and submit claims for reimbursement.
When shopping for compression socks, it is always best to consult with a qualified healthcare professional to determine if compression socks are appropriate and recommended for your individual needs. By following these guidelines and seeking the proper medical advice, individuals can make informed decisions about their health care costs and take advantage of their flexible spending accounts or health savings accounts to save money on eligible medical expenses.
