Is Biomagnetism FSA and HSA Eligible?

If you've been investing in biomagnetism, whether that's magnets for home use or sessions with a practitioner, you may be wondering whether your Flexible Spending Account (FSA) or Health Savings Account (HSA) can help cover the cost. The short answer is: yes, and it's worth finding out before you pay out of pocket.

Yes, and it's worth finding out before you pay out of pocket.

Biomagnetism is Eligible...

Biomagnetism and magnetic therapy are both eligible for reimbursement through an FSA, HSA, or Health Reimbursement Arrangement (HRA), but most plans require a Letter of Medical Necessity (LMN) from a licensed healthcare provider to approve the expense. That said, some plans do not require a letter of medical necessity at all. It's always best to call and check with your coverage.

If your plan does require an LMN, that's not a problem. Your provider will need to outline your specific medical condition, why biomagnetism is appropriate for treating it, how the therapy will be used, and the expected duration of treatment. Many integrative and functional medicine practitioners are already familiar with writing LMNs and are willing to provide one.

What Accounts Are Eligible

Here's a quick breakdown of which account types cover biomagnetism:

FSA (Flexible Spending Account) — eligible with an LMN from a licensed healthcare provider

HSA (Health Savings Account) — eligible with an LMN from a licensed healthcare provider

HRA (Health Reimbursement Arrangement) — eligible with an LMN from a licensed healthcare provider

Limited-Purpose FSA (LPFSA) — not eligible. These accounts are restricted to dental and vision expenses only.

Dependent Care FSA (DCFSA) — not eligible. These accounts cover dependent care expenses only.

What's Covered: Biomagnetism Magnets and Sessions

Both biomagnetism magnets for home use and biomagnetism sessions with a practitioner are eligible for reimbursement, as long as the expense is connected to the treatment of a medical condition and your plan covers it. Both represent therapeutic expenses, and both are worth submitting if your plan allows it. Check with your plan administrator about how each expense category is classified under your specific coverage.

How to Find Out If Your Plan Covers Biomagnetism

The process is simpler than most people expect:

1. Call the member services number on the back of your FSA or HSA card and ask specifically whether biomagnetism or magnetic therapy is covered under your plan

2. Ask whether a Letter of Medical Necessity is required or whether the expense can be submitted without one

3. Get the answer in writing via email or a reference number from your call, so you have documentation if a claim is questioned later

4. Submit your receipt along with your LMN if required, and keep copies of everything

Biomagnetism is FSA/HSA Eligible

Biomagnetism may be FSA and HSA eligible, for both practitioner sessions and therapeutic magnets for home use, with a Letter of Medical Necessity, and some plans cover it without one. The only way to know for certain is to check directly with your plan. It takes one phone call and could save you hundreds of dollars.

If you're ready to invest in therapeutic-grade biomagnetism magnets for home use, you can browse the full collection in the shop here.

Danielle Pilarinos is a biomagnetism practitioner with over a decade of clinical experience and the founder of Biomagnetic Health. She works with women navigating chronic health challenges, makes the science of biomagnetism accessible, and teaches home-use biomagnetism protocols inside her membership community.