💡 Quick Answer: Oura Ring is HSA/FSA eligible because it helps prevent, manage, and reverse a variety of health conditions including sleep disorders, cardiovascular disease, 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 Oura Ring and thousands of other wellness products, plus we handle your reimbursements directly through our platform with just one click.
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What is Oura Ring
Oura Ring is the smart ring that turned sleep tracking from guesswork into a precise science you can wear on your finger. Think of it as a tiny computer lab that monitors over 30 biometrics while you sleep, tracking everything from your heart rate variability to body temperature with clinical-grade accuracy. The sleek titanium ring (weighing just 4-6 grams) is so comfortable you’ll forget you’re wearing it until you wake up to incredibly detailed insights about your recovery, sleep stages, and readiness for the day.
With up to 8 days of battery life and no distracting screens or vibrations, Oura Ring appeals to everyone from elite athletes to busy professionals who want to optimize their health without the hassle of another device to charge constantly. The magic happens through infrared sensors that measure from your finger’s arteries (more accurate than wrist-based trackers) and advanced algorithms that classify your sleep into light, deep, and REM stages with near-polysomnography accuracy. Your daily Readiness Score tells you whether to push hard or recover, while detailed sleep insights help you understand exactly what’s helping or hurting your rest.
Why Oura Ring Qualifies for HSA/FSA
According to IRS regulations, gym memberships 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 Oura Ring can qualify for HSA/FSA reimbursement for prevention or treatment of:
- Sleep disorders and insomnia
- Cardiovascular disease and heart conditions
- Depression and anxiety disorders
- Chronic fatigue syndrome
- Diabetes and metabolic disorders
- Chronic stress management
- ADHD and attention disorders
- Hormonal disorders and menstrual cycle tracking
The key requirement is that your healthcare provider must note the continuous health and sleep monitoring as medically necessary for managing your specific health condition, not just for general wellness. 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 health conditions and sleep concerns, and request a Letter of Medical Necessity if continuous monitoring 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 smart rings and sleep trackers qualify for HSA/FSA?
Absolutely! With the right medical documentation, you can potentially use HSA/FSA funds for other smart rings, sleep tracking devices, fitness wearables, and health monitoring technology, 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 Oura Ring is medically necessary for treating a diagnosed condition. It’s the official paperwork that proves your health monitoring isn’t just for general wellness. 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.
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