Does MinuteClinic® Accept FSA and HSA payments?

Does MinuteClinic take FSA and HSA payments?

Yes, we do take FSA and HSA payments. Convenience is at the core of the service MinuteClinic provides to our patients. That's why we proudly offer flexible and convenient payment options for our health care offerings. FSAs and HSAs are just two of the many ways that you can pay for your MinuteClinic visits. We also accept credit as well as debit cards in addition to cash and checks* for in-person visits.

*MinuteClinic does not accept checks at our clinics inside Target.

What is an FSA?

FSA stands for Flexible Spending Account. A company usually provides an FSA program for their employees. Since FSAs are owned by your employer, you lose access to any money in the FSA once you leave the company. With an FSA, you can set aside pre-tax earnings to pay for your medical expenses. Because you're not paying taxes on this income, you save money in the long run.

Does MinuteClinic accept FSAs?

Yes, MinuteClinic does accept Flexible Spending Accounts (FSAs) as a form of payment for eligible expenses. Simply bring your FSA card when you come in for an in-person visit at any MinuteClinic location. You can use an FSA card to pay for your telehealth visits as well.

What is an HSA?

HSA stands for Health Spending Account. Like an FSA, it lets you pay for your medical expenses with your pre-tax earnings. You can make direct contributions to your HSA. You use that money to pay for eligible products and services. Unlike an FSA, you may take the funds in your HSA with you if you ever leave your job.

Does MinuteClinic accept HSAs?

Yes, MinuteClinic does accept Health Savings Accounts (HSAs) as a form of payment for eligible expenses. You can pay for your in-person visit or a telehealth visit with your HSA card.

What's the difference between an FSA and HSA?

Both FSA and HSA plans allow you to save money and use it to pay for eligible health-related expenses. One of the biggest differences between these accounts is that employers usually own FSAs. In some cases, an employer may even contribute money to their employees' FSAs as an added benefit. However, if you leave your company, you usually can't take the money in your FSA with you.

To have an HSA, you must have a type of insurance called a high-deductible health plan (HDHP). This is a plan that has a high deductible ($1,400 or more) and a low premium (your monthly payment to the insurance company). If you have an HDHP, you can use the HSA funds to pay for copays and other expenses as you pay toward your deductible.

HSAs typically allow for higher contributions to the account. You may also change the contribution amount at any time. With an FSA, you can only make these changes during open enrollment or due to certain life events, like getting married or having a baby.

HSA balances roll over from year to year, but FSA balances don't. If you don't use the remaining money in your FSA by the end of the year, you lose it all.

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References used as sources for this page:

1. healthcare.gov/glossary/health-savings-account-hsa/