💡 Quick Answer: Magic Mind is HSA/FSA eligible because it helps prevent, manage, and reverse a variety of health conditions including ADHD, cognitive decline, and chronic fatigue, and many others. According to IRS Publication 502, all you need is a Letter of Medical Necessity.
Luckily, we make it ridiculously simple. Crates Health is the fastest way to get your personalized and compliant letter for Magic Mind and thousands of other wellness products, plus we handle your reimbursements directly through our platform with just one click.
Table of Contents
What is Magic Mind
Magic Mind is the mental performance shot that’s basically what happens when Silicon Valley’s brightest minds decide to solve the coffee problem once and for all. Think of it as the anti-energy drink. Instead of giving you jittery, crash-prone energy, this 2oz matcha-based shot delivers 7+ hours of calm focus using 12 clinically-proven ingredients including nootropics, adaptogens, and functional mushrooms.
Developed over a decade by a tech entrepreneur who literally ended up in the ER from drinking too much coffee, Magic Mind combines ceremonial-grade matcha with powerhouse ingredients like Lion’s Mane, Ashwagandha, Rhodiola, and L-Theanine. The result? You get 55mg of naturally-occurring caffeine (half of what’s in coffee) plus adaptogens that actually reduce stress while boosting cognitive performance. Trusted by everyone from Navy SEALs to the founders of Twitter and Airbnb, Magic Mind has earned a cult following among people who need to perform at their peak without the traditional stimulant rollercoaster. Forbes even called it “Silicon Valley’s new morning elixir.” rooms, saunas, and showers stocked with Kiehl’s products.
Why Magic Mind Qualifies for HSA/FSA
According to IRS regulations, nootropic supplements can qualify as eligible medical expenses with a Letter of Medical Necessity under specific circumstances outlined in Publication 502.
IRS Publication 502 states that medical expenses are “the costs of diagnosis, cure, mitigation, treatment, or prevention of disease, and for the purpose of affecting any part or function of the body,” but “must be primarily to alleviate or prevent a physical or mental condition or illness.”
This means Magic Mind can qualify for HSA/FSA reimbursement for prevention or treatment of:
- Attention deficit disorders (ADHD/ADD)
- Cognitive decline and memory disorders
- Chronic fatigue syndrome
- Depression and anxiety disorders
- Brain fog and concentration difficulties
- Stress-related cognitive impairment
- Age-related cognitive decline
- Mental fatigue from medical conditions
The key requirement is that your healthcare provider must note the nootropic supplementation as medically necessary for managing your specific cognitive health condition, not just for general mental performance. This documentation comes in the form of a Letter of Medical Necessity (LMN).
How to Assess Your Eligibility
Traditional Route: Schedule an appointment with your primary care physician, discuss your cognitive health conditions and supplement needs, and request a Letter of Medical Necessity if nootropic support is recommended as part of your treatment plan. This typically requires an office visit, potential wait times, and can cost $50-100+ depending on your insurance.
Faster, Smarter Route: Use Crates Health to get your Letter of Medical Necessity online in just a few minutes. Our platform connects you with licensed healthcare providers who can evaluate your conditions remotely and issue the appropriate documentation if you qualify. No office visits, no waiting weeks for appointments, and no surprise medical bills.
Frequently Asked Questions
Do other nootropics and cognitive supplements qualify for HSA/FSA?
Absolutely! With the right medical documentation, you can potentially use HSA/FSA funds for other nootropic supplements, cognitive enhancers, brain health products, and functional beverages, as long as they’re recommended for treating specific medical conditions.
How does reimbursement work?
Some retailers accept HSA/FSA cards (most don’t though). When they don’t, you need to use your personal card and then reimburse yourself. This means finding and storing receipts and then uploading them and your LMN to your HSA/FSA admin portal. With Crates, we make this process simple: upload your receipt and get one click reimbursements all from our platform.
What is a Letter of Medical Necessity?
A Letter of Medical Necessity (LMN) is a document from a licensed healthcare provider that explains why a specific expense like your Magic Mind supplements is medically necessary for treating a diagnosed condition. It’s the official paperwork that proves your cognitive supplementation isn’t just for general mental performance. Each LMN typically remains valid for 12 months from the date of issue.
Will my claim get denied?
Every HSA/FSA admin is unique and may initially deny some claims. Usually, it is related to receipt format (must be itemized), LMN format, or other supporting documentation. With Crates, we will support you through this process and make sure you get your money back.
Leave a Reply