Nov 25, 2024   SOURCE: PR NewsWire

Top 10 "hot" health tech finds at FSA Store® to help consumers use (not lose) flexible spending account (FSA) funds before December 31 deadline

Nearly 70% of FSA users have a December 31 use-it-or-lose-it deadline, and the average account holder will forfeit $440 because they did not spend FSA funds before this deadline

DALLAS, Nov. 25, 2024 /PRNewswire-PRWeb/ -- Smart technology has become ubiquitous in our personal and professional lives, and is increasingly being used to help manage, detect, and monitor health concerns. As a result, the self-care device market is currently valued at $25.9 billion and is expected to reach $45.9 billion by 2033. Consumers who are enrolled in flexible spending accounts (FSAs) can use their tax-free funds to take advantage of this technology wave and purchase sought-after health devices from FSA Store®, the first and leading online store dedicated exclusively to selling FSA-eligible products and services.

"Technology can make managing conditions and everyday health more convenient, accurate, personalized, and fun," said Keri Kaiser, chief revenue officer for Health-E Commerce®, parent brand to FSA Store. "It's exciting to see FSA eligibility extend to cover devices that treat such a wide variety of needs, and FSA Store is proud to offer top products and brands to help account holders responsibly spend remaining FSA funds before the use-it-or-lose-it deadline."

In addition to high-tech health devices, FSA Store carries more than 2,500 exclusively FSA-eligible products. To help consumers understand the December 31 FSA deadline, FSA Store offers an interactive deadline spending tool and searchable eligibility list.

10 "Hot" Health Tech Purchases With Your FSA

    1. Dr Dennis Gross DRx SpectraLite(TM) FaceWare Pro. Perfect for all skin
       types, this light therapy device uses red and blue light to clear mild to
       moderate acne. It also prevents flare ups, and calms redness while
       reducing inflammation to improve skin complexion.
    2. Therabody RecoveryAir JetBoots. These compact boots provide both at-home
       and on-the-go recovery by temporarily increasing circulation to the
       treated area, delivering pain relief and promoting a faster recovery.
    3. Wave Full Body Circulation Plate from Caring Mill(TM) by Aura. This
       device is designed to enhance lymphatic drainage and effectively
       alleviate joint and back pain through a combination of customizable
       vibration settings and an ergonomic design.
    4. dpl® Oral Care Light Therapy System. This device provides targeted oral
       light therapy by using infrared, blue, and red light to relieve
       pain/soreness in the teeth and gums, while increasing circulation, and
       enhancing gum health.
    5. Revive Ultra Massage Gun from Caring Mill(TM) by Aura. This massager is
       designed to provide a rejuvenating experience, with adjustable intensity
       levels and interchangeable heads. Customizable for individual experiences
       to target specific muscle groups and alleviate tension.
    6. Ease Migraine and Eye Reliever from Caring Mill(TM) by Aura. This
       wearable device targets pressure points and heats up to 107° F,
       alleviating headaches and distress by melting tension and reducing eye
       strain.
    7. Bask Infrared Full Body Heat Wrap -- Caring Mill(TM) by Aura. With a
       luxurious design and advanced infrared technology, this wrap provides
       full body heat support. Plus, It's portable and easy to use both at home
       and on-the-go.
    8. WHOOP 4.0 Wearable Health & Activity Tracker. The WHOOP 4.0 Tracker
       monitors heart and respiratory rates, heart rate variability,
       temperature, oxygen levels, activities, sleep, and more.
    9. Palm Hand Therapy Device -- Caring Mill(TM) by Aura. With advanced
       technology and a sleek minimalist design, the Palm Hand Therapy Device
       utilizes the powerful combination of heat and air compression to target
       tension in hand muscles, while providing relief from conditions like
       carpal tunnel and arthritis.
    10. Wush Pro Powered Ear Cleaner. A safe, effective, and gentle way to clean
        ears. This rechargeable, triple jet stream device gently loosens and
        prevents wax buildup, with 3 pressure settings, from a gentle clean to
        wax removal.

What is the FSA deadline? All FSAs have a deadline by which funds must be spent each year. The majority of employers that offer an FSA have a December 31 deadline, which means that employees who are enrolled in the FSA may need to spend all funds by December 31 with a few exceptions, otherwise unused funds will be forfeited. This December deadline is often referred to as the "use-it-or-lose-it deadline."

About Health-E Commerce
Health-E Commerce is the parent brand to FSA Store and HSA Store, online stores that serve the 70+ million consumers enrolled in pre-tax health and wellness accounts. The company also created Caring Mill(TM), a popular private-label line of health products through which a portion of every purchase is donated to the Children's Health Fund. Since 2010, the Health-E Commerce brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits. Health-E Commerce plays an essential role in expanding product eligibility for important new categories within the list of eligible medical expenses.

Media Contact

Barbara Tabor, FSAStore.com, 651-230-9192, barbara@taborpr.com, FSAStore.com

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SOURCE FSAStore.com