Updated: Feb 1, 2021
FSA or HSA pre-tax funds can be used for medical, myofasocial, NMT and most
forms of manual therapy. This is grrreat news! in addition your dollars can now roll over year over year. No more use it or loses it.
Using FSA or HSA Funds:
Myofascial release therapy is a qualified medical expense, as long as a physician recommends it with a written prescription. The IRS rules states that medical care expenses must be primarily to ease or prevent a physical or mental ailment. Examples of illnesses that qualify include frozen shoulder, piriformis syndrome (commonly referred to as sciatica) stress, back and neck pain, arthritis, diabetes, fibromyalgia, anxiety, depression and pain management.
THE NEXT STEP First, set up massage as a qualifying expense by paying your primary doctor a visit and tell them you have an FSA or HSA and you'd like to use some of your funds toward Myofascial Release for treatment or prevention of your ailment or medical complaint. Your physician will need to provide the following information on a prescription form: 1. The medical necessity: why you need massage therapy (example: to relieve back pain) 2. The frequency they recommend: number of sessions per month (example: minimum of two sessions per month) 3. The duration: length of treatment (example: 12 months)
the CPT code recommended is : 97140. That’s it!! Once you have a prescription, file it away in case you are ever asked to back up the expense. It's not necessary to bring the prescription to your appointments but you should bring your FlexCard (if you have one) to pay for your next visit. If you don't have a FlexCard, simply pay for our bodywork and turn in your receipts for reimbursement. Note that you can't include tips. Planning for self care, set aside funds for bodywork and longevity when you are doing some financial planning, don't forget to include the cost of your bodywork in the total amount. You also can set aside money for manual/medical massage therapy for a spouse or dependent , if he or she has a qualifying medical condition. For each person, your possible saving could be $15 to $27 a month in taxes.
put the saving into your longevity and health care plan, who couldn’t use that!