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Use your Flexible Spending Account (FSA) or Health Savings Account (HSA) dollars towards a stairlift purchase. Stairlifts installed from $2,900.
Stair lifts are a unique classification of medical expense in that they are a “capital expenditure,” so additional documentation may be required to ensure that the device’s purpose is inherently medical and won’t enhance the value of the home. This letter must outline how the account holder's medical condition necessitates the installation of a home improvement to land, building or equipment, as well as how long these improvements will last. If additional home improvements will be needed outside of the current plan year, another LMN "Letter of Medical Necessity" will need to be submitted for future reimbursement.
Use your Flexible Spending Account (FSA) or Health Savings Account (HSA) dollars towards a stairlift purchase. Stairlifts installed from $2,900.
Stair lifts are a unique classification of medical expense in that they are a “capital expenditure,” so additional documentation may be required to ensure that the device’s purpose is inherently medical and won’t enhance the value of the home. This letter must outline how the account holder's medical condition necessitates the installation of a home improvement to land, building or equipment, as well as how long these improvements will last. If additional home improvements will be needed outside of the current plan year, another LMN "Letter of Medical Necessity" will need to be submitted for future reimbursement.
