HSA expense installment pymts

[Tom in Carolina]

Greetings,

I have an HSA acct. and used my Care Credit credit card "CCCC" to pay/charge $799 in dental expenses.  The CCCC was charged the full $799, but I am paying CCCC in installments, interest free = great deal.  

There is accumulated cash in the HSA acct.  Can I reimburse myself the full $799 ? Or - can I only reimburse the total of the payments I have made to CCCC ?

Many thanks for your help.

Tom in Carolina

[dmertz]

You can reimburse yourself for the entire medical expense, $799, as long as none of that expense is covered by insurance and the expense was incurred after the date your HSA was established.

[Tom in Carolina]

Thanks for the speedy reply !

If it is partially covered by insurance - 

just deduct the claim pymt = net cost

and reimburse that amount ?

Many thanks again,

Regards,

Tom

[dmertz]

Yes, you can reimburse yourself for the net cost by obtaining a distribution from the HSA.

[Tom in Carolina]

Hey Super D,

Many thanks for your help.

You are my hero.

Have a GREAT week,  Tom