❮   all STORIES

How to Use Your HSA or FSA to Purchase the Circular Ring

Are you looking to optimize your health while maximizing your financial benefits? Great news: The Circular Ring is now eligible for purchase and reimbursement through Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA)! This means you can use your pre-tax dollars to invest in your health with the Circular Ring, a cutting-edge wearable designed to enhance your well-being.

Why This Matters: Take Full Advantage of Your Pre-Tax Dollars

The ability to use FSA or HSA funds to purchase the Circular Ring is a game-changer for your health and your wallet. Here’s why:

  1. Save on Costs: When you use FSA or HSA funds, you’re essentially using pre-tax dollars to buy your Circular Ring. This can save you a significant amount of money because reimbursements from these accounts are tax-free. In essence, you’re converting part of your salary into tax-free income to support your health.
  2. Avoid the “Use It or Lose It” Dilemma: If you have an FSA, the IRS requires you to spend your contributions by the end of the plan year, or you risk losing the money. Sadly, more than 40% of FSA account holders forfeit a portion of their contributions each year. By using your FSA funds to purchase a Circular Ring, you can avoid forfeiture and put those dollars to good use.
  3. Track and Improve Heart Health: The Circular Ring allows you to monitor critical health metrics like heart rate, respiratory rate, and heart rate variability. These insights are invaluable for managing your heart health, a key aspect of overall wellness.
  4. Invest in Holistic Health: Taking steps toward a healthier life can be challenging, but using your FSA or HSA funds for the Circular Ring is a deliberate investment in your long-term well-being. The Circular Ring provides data-driven insights to help you improve your sleep, manage stress, and build healthier habits—making this investment one that pays dividends in improved quality of life.

Sleep’s Role in Preventative Healthcare

Sleep is fundamental to overall health, influencing everything from cognitive function to physical performance. According to the CDC, 1 in 3 adults don’t get enough sleep, and chronic sleep deprivation is linked to serious health problems, including diabetes, heart disease, stroke, dementia, and cancer. The Circular Ring’s advanced sleep tracking features provide crucial insights to help you optimize your sleep and, by extension, your health.

How to Purchase a Circular Ring Using FSA/HSA Funds

Thanks to our partnership with Flex, purchasing a Circular Ring using FSA or HSA funds is easy. Here’s how:

  1. Select Your Products: Add the Circular Ring to your cart and proceed to checkout.
  2. Choose Payment Method: Under “Payment Options,” select “Flex | Pay with HSA/FSA”.
  3. Complete the Process: You’ll be redirected to Flex’s checkout page. Complete a brief telehealth consult to confirm that your purchase meets IRS requirements for HSA/FSA spending.
  4. Enter Payment Details: Use your HSA or FSA debit card to complete the transaction.
  5. Receive Confirmation: You’ll receive a Letter of Medical Necessity, valid for 12 months, via email within 24 hours.
  6. Enjoy Your Purchase: Your Circular Ring is now on its way to helping you monitor and improve your health!

Conclusion: A Smart Investment for Your Health

The Circular Ring’s eligibility for FSA and HSA coverage opens up new opportunities for you to invest in your health using pre-tax dollars. Whether you’re tracking your heart health, improving your sleep, or managing your overall wellness, the Circular Ring is an essential tool in your health journey. Don’t miss out on this opportunity—use your FSA or HSA funds to make a smart investment in your future well-being today.

For more details on how to get your purchase reimbursed, visit our Help page.

Amaury Kosman

CEO of Circular, Amaury is all about technology and human capabilities improvement. He is a dedicated marathon runner and loves optimizing his training.

You might also like