New 23andMe Health Service is FSA & HSA Eligible
Just in time for end-of-the-year health savings account spending, 23andMe is offering a new standalone “Health Service” option for people looking to apply their HSA & FSA funds toward purchasing an at-home DNA test.
This offers another option to customers who only want to delve into reports about their health predispositions,* carrier status,* or wellness. The new standalone service also makes it easier for U.S. residents to use money set aside in their Flexible Spending Account (FSA) or Health Savings Account (HSA) for their 23andMe Health Service purchase.
An Internal Revenue Service ruling in 2019 first allowed customers to use FSA & HSA funds for a portion of the cost for their Health + Ancestry Service. The new Health Service makes that much simpler because the full cost may be eligible.
In the United States, FSAs and HSAs both allow you to set aside a certain amount of your pre-tax income each year for qualified medical care expenses. Qualified medical care expenses may include such things as co-pays for doctor’s visits, prescription medications, glasses, and sunscreen.
The rule also means the full cost of the 23andMe Health Service should be an eligible medical expense. You can check with your FSA/HSA administrator for eligibility.
The standalone 23andMe Health Service includes more than 10 health predisposition reports for conditions* such as Type 2 Diabetes (powered by 23andMe research), Celiac Disease, Age-Related Macular Degeneration, and Parkinson’s Disease; as well as more than 40 carrier status reports* for conditions like Cystic Fibrosis and Sickle Cell Anemia. Customers also receive wellness reports on sleep movement, muscle composition, and genetic weight.
In addition, the Health Service includes health action recommendations, as well as a lifestyle dashboard that compares your diet and activity to other 23andMe users. The service also includes a place to track lab results and an area where you can see insights from 23andMe research. You can also connect, message, and share with friends and family if you wish.
You can learn about 23andMe’s other product offerings here.