Yes, you can use a health savings account (HSA) or flexible spending account (FSA) for dental expenses. But before you start saving this tax-free money, there are some rules you should know.
Let’s explore the differences between HSA and FSA, what dental expenses they cover and more.
One thing they do have in common is they both let you save tax-free money for eligible medical costs. However, that’s about it. Here are some key differences between HSAs and FSAs:1
You must have a qualified high-deductible health plan (HDHP). Self-employed people can contribute.
All employees are eligible whether they have insurance or not. Self-employed people can’t contribute.
$4,150 Individual Coverage $8,300 Family Coverage
$3,200
Employer and/or employee
Employer and/or employee
Employee
Employer
Unused contributions can be rolled over to the next year.
Unused contributions are lost at end of the year.
Allowed, but includes tax withheld plus 20% penalty.
Not allowed.
Interest earned is tax-free.
Does not earn interest.
You must keep the account even if you change jobs.
The account is forfeited if you change jobs.
You can only access what you’ve contributed to the account.
You have access to the full annual election amount, whether the account has been fully funded or not.
You can change contribution amounts during the year.
You can’t change contribution amounts during the year.
From
Humana’s dental plans are budget-friendly and some offer no waiting period. Shop plans and prices in your area today!
Yes, as long as a dentist or orthodontist has recommended treatment. You can pay for routine appointments or cover deductibles, copays or coinsurance that isn’t covered by your dental insurance or other plan. If the
Yes, if it’s used to treat a dental disease or any other medical purpose. For example,
Yes, if it’s used for medical reasons. Examples include preventing dental disease, restoring the function of your teeth or reducing pain and discomfort. Like dental braces and dental implants, a
The tax benefits from HSAs and FSAs can help lower your overall costs for eligible dental procedures and products. To learn more about dental insurance,
Yes. You can use an FSA or HSA for yourself, your spouse and your dependents.
Yes. However, the treatment must be considered medically necessary by a dentist or orthodontist.
No. Over-the-counter dental products are not eligible.
Yes. In 2024, the HSA contribution limits are $4,150 for individual coverage and $8,300 family coverage. The 2024 contribution limit for an FSA is $3,200.
Dental procedures
What are the benefits of dental sealants?Special dental topics
Chewing gumDental procedures
Dental implant coverage
