Here is some really exciting news about developments with flexible spending accounts and health savings accounts being able to be used for ADHD and Dyslexia treatment strategies like coaching and tutoring. Have you had any experience with this? Let me know in the comments!
Transcription:
Hey, JoyGenea here, I just heard the most interesting and exciting news as far as I was concerned. When it relates to paying for the additional services and support that are necessary for those of us that are neurodiverse, dyslexia, ADHD, in particular, and what I’ve been learning about recently is the fact that flexible spending accounts (FSA’s), and health savings accounts, and possibly health reimbursement arrangements are now starting to cover those types of services.
It’s not the simplest easiest thing to make happen; you do need to get an LOMN or an LMN filled out that will be submitted. But it’s really amazing. That allows you to set aside funds pre-tax dollars, so that could be upwards of a savings of 30% of your funds. Setting that aside and then being able to use those dollars towards coaching services, tutoring services, those types of necessary things. So, this is super exciting!
Let me show you a little bit of what I’ve learned. So, before we get too excited, let’s remind ourselves that we’re going to have to jump through some hoops. That LOMN or that LMN letter of medical necessity is gonna kind of be one of your first key items that needs to be addressed. Another item I found was here talking about ADHD and an FSA health flexible spending account, and notice it says ‘treatment strategies,’ so that’s where coaching would possibly fall under, and also, tutoring. For those of you with dyslexia, I also found this great spot explaining a little bit more about dyslexia treatment reimbursement. So, you have to admit that is pretty cool, so check it out yourself. And if you’ve had some experience with it, hey, please pass it along and share it with others. Thanks now, have a great day!