save 20-40% on pilates/gyrotonic using your fsa/hsa
save 20-40% on your pilates & gyrotonic sessions at evolve
Your future payments might be eligible for reimbursement through FSA/HSA funds.
Exercise is medicine and can often count for tax-free spending - saving an average of 30%.
We sometimes get questions about if we accept payment directly from your FSA or HSA. Since we aren’t a health care facility, we cannot, but here is how you can get reimbursed through your program.
Your first step is to reach out to your Primary Care Doctor to request a Letter of Medical Necessity (LMN). Sometimes the company that manages your FSA or HSA can provide a template for you. It should clearly state that exercise can help prevent or reverse a health condition you care about. Once you have your LMN in hand, you purchase your Pilates or Gyrotonic sessions as usual.
Then submit your future receipts and LMN to your FSA/HSA provider for reimbursement.
FAQs
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When we say you can save 30%-40%, that is the amount you save by reimbursing yourself with tax-free HSA/FSA funds. Your savings are equal to your income tax rate.
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No, you still pay Studio Evolve the same way - your LMN enables you to reimburse your payments to you with FSA/HSA funds - and you simply need to do that once per calendar year.
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No, you need to receive your Letter of Medical Necessity first, and it will apply to all payments made going forward, but not retroactively.
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This definitely covers Pilates and Gyrotonic sessions as they are clearly exercise.
Breathwork and SPRE Bodywork are in a bit of a gray area for whether or not they are covered by this Letter of Medical Necessity.
To be super clear about coverage, we recommend you get a separate Prescription or Letter of Medical Necessity for SPRE Bodywork specifically.