What types of expenses are eligible for reimbursement?

WageWorks provides a variety of services related to consumer-directed benefits, such as flexible spending accounts, health savings accounts, and other reimbursement account programs. It is important to note that the specific eligibility of expenses for reimbursement can vary based on the type of account and the individual plan details. However, there are some general categories of expenses that are widely accepted as eligible for reimbursement. For flexible spending accounts, eligible expenses typically include out-of-pocket medical expenses such as doctor visits, prescription medications, and certain over-the-counter products that are deemed medically necessary. Dental and vision expenses are also commonly eligible, including orthodontia, eyeglasses, and contact lenses. Health savings accounts, on the other hand, often have broader eligibility criteria. In addition to the aforementioned medical expenses, account holders may also use funds for long-term care insurance premiums or certain expenses related to alternative treatments, depending on the guidelines set forth by the Internal Revenue Service. It is vital for account holders to keep receipts and maintain proper documentation for all expenses submitted for reimbursement. Consulting the guidelines available on the WageWorks web page will provide more specific details tailored to individual circumstances and plan rules. Additionally, since changes to policies or consumer options can occur, staying updated through reliable resources is advisable to ensure compliance and maximize benefits.