Now Accepting HSA/FSA
Here’s news that’ll make your wallet as happy as your muscles: Studio Strong now accepts HSA and FSA funds through Truemed.
What does this mean for you? Your pre-tax health dollars can now invest in the strength training that research shows is one of the most effective ways to prevent age-related muscle loss, bone density decline, and metabolic dysfunction.
The HSA/FSA Advantage: Why Your Money Goes Further
If you’re not familiar with HSA (Health Savings Account) and FSA (Flexible Spending Account) programs, here’s the simple version: they let you set aside pre-tax dollars for eligible healthcare expenses.
The math is pretty compelling:
- Individuals can contribute up to $4,150 pre-tax to their HSA annually ($8,300 for families)
- FSA contributions max out at $3,200 pre-tax per year
- If you’re 55 or older, you can add an extra $1,000 to your HSA
Why this matters: Pre-tax means more purchasing power. Instead of earning money, paying taxes on it, then spending what’s left on health expenses, you’re using money that was never taxed in the first place. For most people, that’s about 30% more spending power.
So your $100 Studio Strong session might actually cost you around $70 in real purchasing power when you use HSA/FSA funds.
How Truemed Makes It Work: The Simple Process
Here’s the step-by-step breakdown:
Step 1: Take the Qualification Survey
You’ll complete a brief health survey that determines whether strength training addresses specific health conditions or prevention goals you have. This isn’t about proving you’re sick—it’s about documenting how strength training supports your health needs.
Step 2: Pay the One-Time Fee
If you qualify based on the survey, there’s a $30 consultation fee that gets you reviewed by a licensed healthcare provider. This is a one-time cost that covers your qualification process.
Step 3: Get Your Letter of Medical Necessity
Within 24-48 hours, an independent licensed provider reviews your survey responses. If approved, you’ll receive a Letter of Medical Necessity (LMN) that makes your Studio Strong sessions eligible for HSA/FSA reimbursement.
Your LMN is valid for 12 months, so once you’re qualified, you’re covered for a full year of sessions.
Step 4: Pay Normally, Then Get Reimbursed
Important: You still pay us the same way you always have—with your regular credit or debit card. Don’t attempt to use your HSA/FSA card directly at checkout.
After your session, you submit your receipt along with your LMN to your HSA/FSA administrator for reimbursement. Most administrators approve these within days.
What Qualifies? The Science Behind the Approval
The IRS recognizes that exercise can be preventive medicine when it addresses specific health conditions. Thousands of studies show that strength training helps prevent and manage:
- Age-related muscle loss (sarcopenia)
- Bone density decline (osteoporosis prevention)
- Metabolic dysfunction
- Cardiovascular risk factors
- Balance and fall prevention
- Joint health and mobility issues
The key is documentation. Truemed’s licensed providers evaluate whether your health profile indicates that strength training serves a medical purpose beyond general fitness.
What If You Don’t Qualify?
No worries—you’re not stuck with the $30 fee. Truemed only charges the consultation fee if you qualify for the LMN. If the licensed provider determines that strength training doesn’t meet medical necessity criteria for your specific situation, you won’t be charged.
What about reimbursement rejections? Even if you qualify and receive your LMN, HSA/FSA administrators sometimes have specific requirements or forms. If your reimbursement gets rejected, Truemed’s support team (support@truemed.com) will help troubleshoot the issue. If they can’t resolve it, they’ll refund your $30 fee.
The Real-World Impact: What This Means for Your Health Investment
Let’s put this in perspective. If you’re doing twice-monthly sessions at $75 each, that’s $1,800 annually. Using HSA/FSA funds effectively gives you about 30% more purchasing power, making your real cost closer to $1,260.
More importantly, you’re using money specifically designated for healthcare to invest in one of the most research-backed forms of preventive medicine available: progressive strength training.
Is This Right for You?
You might be a good candidate for HSA/FSA reimbursement if you:
- Have an HSA or FSA account through your employer or insurance
- Are concerned about age-related muscle loss or bone health
- Have been advised to exercise for metabolic health
- Want to prevent falls or improve balance
- Are managing joint health or mobility concerns
- Are looking for preventive approaches to cardiovascular health
You probably won’t qualify if:
- You’re primarily focused on aesthetics or general fitness goals
- You don’t have any health conditions that strength training addresses
- You’re young and healthy with no prevention concerns
Getting Started: Your Next Steps
Ready to see if you qualify? The process is straightforward:
- Contact us to let us know you’re interested in using HSA/FSA funds
- Complete Truemed’s qualification survey (here is the link)
- If qualified, pay the $30 consultation fee and wait for your LMN
- Start or continue your sessions as normal, keeping receipts for reimbursement
Questions about the process? We’re here to help guide you through it, though the actual qualification and reimbursement happens directly between you and Truemed/your HSA-FSA administrator.
The Bottom Line: Invest Your Health Dollars Wisely
Your HSA/FSA dollars are meant to support your long-term health. Research consistently shows that maintaining muscle mass and bone density through strength training is one of the most effective investments you can make in your future self.
Now you can make that investment using money specifically set aside for healthcare.
Whether you’re preventing age-related decline, managing existing conditions, or addressing specific health concerns through strength training, this partnership with Truemed makes your health dollars work harder for your actual health.
Ready to explore your options? Let’s talk about how strength training fits into your health goals and whether HSA/FSA reimbursement might make sense for your situation.
Want to learn more about using HSA/FSA funds for your strength training? Contact us and we’ll walk you through the process and answer any questions about how this works with your specific health goals.
