Is Evie Ring HSA/FSA Eligible?

I was very keen to have an Evie Ring because of its women-centric health metrics. But, given the prices, I thought I would go for some alternate options. However, I found out that affording expensive smart rings is easy with an HSA/FSA account.

As per data, US citizens contribute around $150 billion annually in HSA/FSA! So, I researched whether I could buy an Evie Ring through my HSA/FSA account or not. The good news is that the Evie Smart Ring is eligible for HSA/FSA.

However, I’ve heard that people had bought the Evie Ring first and then reimbursed it through FSA. So, if you are also looking to learn how to reimburse Evie Ring through HSA/FSA, I will share my knowledge about the same here as well.

Evie Ring Is HSA/FSA Eligible Now!#

According to the official announcement on 18 December 2023 by Movano Health, Evie Ring is eligible for HSA/FSA.

John Mastrototaro, CEO of Movano Health, stated, “Securing eligibility for HSA/FSA fund reimbursement is tantamount to our goal of making the Evie Ring accessible to as many women as possible. We are thrilled to be able to offer consumers an easier way to access a solution that can elevate their overall health and well-being.”

I bought my Evie smart ring from the official Evie website for $269, and there were no subscription fees for the app.

Generally, you can get a 30-50% discount on Evie Rings through HSA/FSA. It depends on your HSA/FSA provider. I got 40% off!

PS: If you have purchased the ring before 18 December 2023, you can file a reimbursement!

How To Get an Evie Ring Through HSA/FSA?#

I bought my Evie Ring through my HSA account. It’s super easy! Just follow these steps-

1. Go to the official website of Evie Ring and tap on the Shop Evie Ring option.

2. Add the selected Evie Ring to the Cart. Make sure that you have selected the right size.

3. Tap on the Check Out button. It will redirect you to the Shipping page.

4. Enter all the details, go to the Payment section, and tap on the FSA/HSA Sika Payment mode. Then click the Pay Now button.

5. If you want to buy it through HSA, enter your HSA card details. If you want to buy it through FSA, enter your FSA card details.
6. After filling in the required details, tap on the Complete Purchase button.

How To Reimburse Evie Ring Through HSA?#

You can easily reimburse Evie’s cost through your HSA provider or HSA bank custodian.

Ensure that you have the order receipt to fill in the required details. Share your purchase invoice with your FSA/HSA provider. It will provide you with up to 50% reimbursement per the policy plan.

After getting the reimbursement approval, you can reimburse Evie Ring’s cost through HSA in three ways. You can:

1. Use your HSA Debit Card to withdraw reimbursed funds from your HSA account through ATM.
2. Get the reimbursement through online bank transfer by logging into your HSA web portal and transferring the amount to your savings or other account.
3. Use your HSA account checkbook to withdraw reimbursed money.

How To Reimburse Evie Ring Through FSA?#

Many people had reimbursement through their FSA account. All he had to do was submit a claim application with proof of purchase receipt in his office.

The Evie Ring comes under medical expenses and can be reimbursed up to 50% through FSA. He got a 35% reimbursement amount as per our company policies. As mentioned above, it differs from company to company. I suggest you reach out to your FSA account provider and do first-hand research about it.

Frequently Asked Questions#

Wrap Up#

Buying an expensive smart ring like Evie through an HSA/FSA fund is a smart decision. I bought it directly using HSA without any hassle. All I had to do was enter a few details, and my work was done.

Reimbursing the ring might take some time, but it is also an easy process. So, either way, you can get Evie Ring without compromising your pocket.