Save an average of 30% by using your HSA/FSA Pre-tax Funds*
HSA and FSA funds may be used toward eligible health and fitness expenses that support the treatment, management, or prevention of a diagnosed medical condition. When an expense qualifies, using pre-tax dollars can help you get more value from your healthcare and wellness budget. For eligible clients, this may provide an opportunity to put HSA or FSA funds toward approved Volition Fitness services that support your health, strength, and long-term physical well-being.
HOW DOES USING MY HSA/FSA SAVE MONEY?
Using Truemed to pursue HSA/FSA reimbursement for eligible Volition Fitness services is simple. Prior to completing your purchase (or on the same day of purchase), follow the link on this page to complete a health survey. If you qualify, Truemed will provide a Letter of Medical Necessity, which you can use when submitting your expense for HSA/FSA reimbursement.
WHAT IS TRUEMED?
Volition Fitness has partnered with Truemed to obtain straightforward and uncomplicated access to a Letter of Medical Necessity for eligible customers. This makes it easier to use HSA/FSA funds on qualifying health and fitness purchases, such as private personal training.
HOW IT WORKS
- MAKE YOUR PURCHASE: Do not pay with an HSA/FSA card during checkout. After your purchase, check your confirmation screen or order confirmation email for a link to the Truemed survey
- COMPLETE HEALTH ASSESSMENT: Complete a private health survey. An independent licensed practitioner will review your answers to determine eligibility. If approved, you will receive a Letter of Medical Necessity (LMN). The survey must be taken on the same day as your purchase.
- SUBMIT FOR HSA/FSA REIMBURSEMENT: Reimbursement timing is determined by your plan administrator.
Frequently Asked Questions
1What is Truemed?
Truemed is a service that helps clients of Volition Fitness use their HSA/FSA funds on qualifying services by providing a Letter of Medical Necessity (LMN) when appropriate.
2What are HSA and FSA accounts?
Health Savings Accounts (HSA's) and Flexible Spending Accounts (FSA's) allow you to set aside pre-tax dollars for approved health and wellness expenses.
3How do I save money when purchasing personal training by using my HSA or FSA funds?
Purchases made with HSA/FSA funds use pre-tax dollars, which can reduce your effective cost by up to 30% depending on your tax bracket. You’ll complete a brief health survey to determine eligibility. If qualified, Truemed will issue an LMN that allows eligible purchases to be paid for or reimbursed with HSA/FSA dollars. Truemed is for qualified customers. HSA/FSA tax savings vary. Learn more at truemed.com/disclosures.
4What services are eligible?
1 on 1 personal training and 2 on 1 personal training (when paid "per person") are eligible. Any service purchased at Volition Fitness must be paid for and used by the client to which the LMN was issued.
5What is a Letter of Medical Necessity (LMN)?
An LMN is a document signed by a licensed medical provider stating that certain services rendered supports a specific health need. This is what makes HSA/FSA spending compliant for personal training. The LMN is valid for one year from approval date.
6Do I need to use my HSA or FSA card to purchase?
No, you make all purchases normally with the payment method of your choosing.
7How long does HSA or FSA reimbursement take?
Processing times vary by administrator, but most reimbursements are issued within a few days to a few weeks. If rejected, Truemed can assist by reviewing your LMN and helping you resubmit with the correct documentation.
*Truemed is for qualified customers. HSA/FSA tax savings vary. Learn more at truemed.com/disclosures.