If you’ve been considering braces or Invisalign®, you’re probably already weighing the investment against that picture-perfect grin! Orthodontic treatment can be a significant investment, but fortunately, there are ways to ease the financial burden. Many people are surprised to learn they can use their Health Savings Account (HSA) or Flexible Spending Account (FSA) to help cover these expenses.
At SmileWorks in Midtown Manhattan, we believe everyone deserves a confident, healthy smile, and we’re committed to making orthodontic treatment as accessible as possible. Our experienced team is here to guide you through every step of the process, from understanding your treatment options to navigating the financial details. Whether you’re considering traditional braces or Invisalign®, we’ll work with you to create a personalized plan that fits your needs — and your budget.
What Is an HSA?
A Health Savings Account (HSA) is a tax-advantaged account that allows you to set aside pre-tax money for medical expenses. You can only open an HSA if you have a high-deductible health plan (HDHP), and the money you contribute can be used to pay for qualifying medical expenses.
What Is an FSA?
A Flexible Spending Account (FSA) is similar to an HSA, allowing you to contribute pre-tax income to pay for out-of-pocket medical costs. The key difference is that an FSA is typically offered through your employer, and unlike an HSA, the funds in an FSA generally must be used within the plan year.
Can You Use HSA or FSA for Orthodontic Treatment?
The good news is that both HSA and FSA funds can be used to cover many orthodontic treatments, including braces and Invisalign®.
Braces are considered a qualifying medical expense, making them eligible for HSA or FSA coverage. Whether you’re getting traditional metal braces or ceramic braces, you can use your funds to help cover the cost of treatment. This can include not only the braces themselves but also related expenses like X-rays, consultations, and retainers.
Like braces, Invisalign® is also eligible for HSA and FSA coverage. Because it’s considered a medical treatment that improves the alignment of your teeth and overall oral health, you can apply your HSA or FSA funds toward the cost of clear aligners, making this popular option more accessible.
How to Use HSA or FSA for Braces or Invisalign®
If you have decided to use your HSA or FSA for orthodontic treatment, here’s how to get started:
- Check your coverage: First, review your HSA or FSA guidelines to confirm orthodontic treatments are eligible expenses. Most plans cover these treatments, but it’s a good idea to double-check with your provider.
- Estimate your treatment cost: Schedule a consultation with your orthodontist to get an estimate of the total cost of treatment. This will help you plan how much to allocate from your HSA or FSA for the year.
- Pay with your HSA or FSA: Once your treatment begins, you can use your HSA or FSA debit card to pay for the expenses directly, or you can submit a claim for reimbursement if needed.
One of the biggest advantages of using HSA or FSA funds for braces or Invisalign® is the tax benefit. Because the money is set aside pre-tax, you’re effectively reducing your taxable income while covering necessary medical expenses. This can make a big difference, especially when managing the cost of long-term orthodontic treatments.
Other Costs Covered by HSA and FSA
In addition to braces and Invisalign®, many other dental treatments are also covered by HSA or FSA, including:
- Dental cleanings and exams
- Fillings and crowns
- Oral surgery
- Tooth extractions
- X-rays and other diagnostic procedures
At SmileWorks, we understand that orthodontic treatment is a major investment in your health and confidence. We’re committed to helping you navigate every step of the process, from choosing the right treatment option to making the most of your HSA or FSA funds. Our team of experienced professionals is here to guide you through the financial details so you can focus on what really matters — achieving the smile you’ve always wanted.
Schedule an Appointment for Orthodontic Treatment With Us Today!
Using your HSA or FSA for braces or Invisalign® treatment is a smart way to manage the cost of orthodontic care. By using these tax-free funds, you can keep your treatment affordable and achieve the smile you deserve without stretching your budget.
If you’re ready to explore your orthodontic options, contact SmileWorks today, and let us help you take the first step toward a healthier, straighter smile. Call (646) 722-1177 or fill out our convenient contact form for a free consultation.
