FREQUENTLY ASKED QUESTIONS AND ANSWERS FOR
HSA
HEALTH SAVINGS ACCOUNT
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8. Is there an IRS approved list of medical expenses that I can spend my tax-free Health Savings Accounts funds on?

Insider: Yes, there is list of allowable expenses (located on the last page is a list of qualifying/ non-qualifying medical expenses) published by the U.S. Treasury Department, actually the Internal Revenue Service, referred generally as the 213(d) list, since it appears in IRS regulation 213 (d). Here is the website address with the list of qualifying/non-qualifying expenditures: http://www.irs.gov/pub/irs-pdf/p502.pdf. In general, you can spend tax-free from your Health Savings Account on all medical, dental (including braces for your children), and vision expenses, chiropractic visits, and even acupuncture, but not on your insurance premium, unless you are unemployed and are collecting Federal unemployment benefits.