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Can you pay for bikes with an HSA?

Are you wondering if you can pay for bikes with an HSA? You may also be wondering if this item is eligible or ineligible for use with your HSA funds, or if it qualifies for reimbursement.

You may be able to use your HSA to pay for bikes, but only if you have a letter of medical necessity.

More details about bikes

A bike is simply the informal term for a bicycle.

A bike doesn't really need an explanation for most people, but just in case you've been living under a rock, a bike is a human-powered vehicle on two wheels. While some are motorized, most people know bikes as something you sit on and pedal to move the wheels.

Disclaimer

Please note that it's always best to check with your HSA administrator or health insurance provider to confirm if you can pay for bikes with your HSA card before making any purchases.

A good rule of thumb is that if your doctor diagnosed you with a specific medical condition or ordered a treatment, product, or prescription specifically for you, your HSA should cover it. Sometimes your HSA will even cover items that it normally wouldn't if you have a letter of medical necessity signed by your doctor. Again, you should check with your HSA administrator before any purchase if you have any questions about an item being eligible or ineligible.