Is Oura Ring FSA And HSA Eligible? Save Pre-Tax Dollars!

By Lokesh Jaral | Updated on March 22, 2024
Is Oura Ring FSA And HSA Eligible?

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Are you planning to buy Oura Ring to boost your fitness tracking? I have some exciting information just for you. Keep scrolling to find out is Oura Ring FSA and HSA eligible and authentic ways to purchase Oura Ring with FSA card.

People in the US can now use their Flexible Spending Accounts (FSA) and Health Savings Account (HSA) to set aside money to buy a selected few fitness trackers as non-taxable income, which can be used for healthcare expenses. Many medical-grade wearable techs are now included in the list of fitness trackers as FSA-eligible and HSA-eligible items. It has triggered various discussions about ‘Is Oura Ring FSA eligible?’ on Reddit on one side and ‘Is Oura Ring HSA eligible?’ on Reddit forums on the other. 

The Oura Ring is FSA and HSA eligible. Oura accepts FSA or HSA funds for buying the Oura Ring, extra chargers, shipping, and taxes.

Is it possible to use your FSA or HSA for Oura Ring to invest in your health and save your costs at the same time? Stay with us to find out is Oura Ring FSA and HSA eligible and learn the latest ways to use the Oura Ring FSA or HSA card to get your brand new wearable tech.

Is Oura Ring FSA Eligible?

Yes, the Oura Ring is FSA eligible. 

I was delighted to notice it on the list of fitness trackers as FSA-eligible. The Flexible Spending Accounts (FSA) covers our medical expenses, including prescription medications and medically approved products. FSAs are usually offered by employers as a part of benefits packages.

The list of FSA eligible items includes prescription medicines, braces, eyeglasses and contact lenses, diagnostic products, first aid kits, birth control pills, pulse oximeters, fitness trackers, etc. But is Oura Ring FSA eligible? Oura Ring has now been recognized as an advanced diagnostic health tracking smart ring and is now included as an FSA eligible item.

All interested users can now place an online order for an Oura Ring with FSA card, just as you would use any other credit card. Make use of the Sika option for making the payment to get your new smart ring.

Is Oura Ring HSA Eligible?

Absolutely yes, the Oura Ring is HSA eligible.

The Oura Ring is considered a smart health monitor and is covered as a part of the HSA eligible items. Furthermore, it is also eligible for reimbursement with our HSA, even though it is not covered under Limited Purpose Flexible Spending Account (LPFSA) and Dependent Care Flexible Spending Account (DCFSA).

A wide range of products like disposable face masks, medications, doctor fees, hearing aids, braces, dental cleaning, eye exams, and surgeries are included in the list of HSA eligible items, along with the Oura Ring. 

The official HSA Store displays that the Oura Ring is HSA eligible, and further explains the various features of the Oura Ring as an innovative wearable device that tracks more than 20 biometric signals right from your finger, which helps users understand their health.

Now that you know that Oura Ring is FSA and HSA eligible, you might be wondering what Oura-related expenses are covered by the plans. 

What Can You Purchase With FSA And HSA On Oura?

What Can You Purchase With FSA And HSA On Oura?

You can purchase your Oura Ring, extra chargers, shipping (including expedited shipping), and taxes with your FSA and HSA funds.

Both the Flexible Spending Accounts(FSA) and Health Saving Accounts (HSA) allow you to set aside some cash for your healthcare costs before you pay your taxes. All withdrawals made from your FSA or HSA funds are exempted from tax, provided they are used to cover qualified medical expenses. 

Oura allows us to place an online order using our HSA or FSA card, just like we would use any other credit card. As the Oura Ring is FSA and HSA eligible, it enables all users who are affiliated with a major card network to accept their FSA or HSA funds during the purchase of the Oura Ring for the following expenses:

  • The Oura Ring Gen3
  • Extra chargers
  • Shipping (including expedited shipping)
  • Taxes 

However, the Oura Ring is FSA and HSA eligible, it does not currently accept funds for Oura lifetime membership or monthly membership and for the extended warranty plans.

What Is The Eligibility Of FSA And HSA?

One of the most intriguing questions that most users ask when they find out that Oura Ring is FSA and HSA eligible is if they should opt for an FSA or if HSA would be better? Or maybe they should get a combination of both? Let us find out.

The eligibility criteria for getting Oura Ring with FSA or HSA funds include:

  1. All Oura Ring purchases from 2023 are deemed eligible.
  2. Your FSA or HSA funds will be accepted if they are affiliated with a major card network.
  3. The US Federal law states that the FSA and HSA funds can be used to buy products for the account holder and their legal/eligible dependents.
  4. Oura does not accept the FSA or HSA funds for Oura Membership or extended warranty plans.

If you meet the above eligibility criteria, you can now go ahead and purchase your new Oura Ring with your pre-tax dollars.

How To Purchase An Oura Ring Using FSA And HSA Funds?

You can purchase an Oura Ring using FSA and HSA funds by opening the Oura website > Shop Now > Choose Your Oura Ring > Ring Style > Finish > Ring Size > Add to cart > Proceed to checkout > Enter Account information > Enter Address > Select SIKA option > Add FSA or HSA card > Complete Purchase. 

Now that you know for sure that the Oura Ring is FSA and HSA eligible, select the fund that best fits your needs and follow the instructions illustrated below to purchase the Oura Ring.

Step 1 – Visit the official Oura website and tap on Shop Now.

How To Purchase An Oura Ring Using FSA And HSA Funds?_Shop Now

Step 2 – Select Choose your Oura Ring.

How To Purchase An Oura Ring Using FSA And HSA Funds?_Choose Your Ring

Step 3 – Choose the Oura Ring style – Heritage or Horizon.

How To Purchase An Oura Ring Using FSA And HSA Funds?_Choose Oura Ring Style

Step 4 – Select the type of Finish you like for your Oura Ring.

How To Purchase An Oura Ring Using FSA And HSA Funds?_Choose Finish Of Your Oura Ring

Step 5 – Choose your Ring Size.

How To Purchase An Oura Ring Using FSA And HSA Funds?_Choose Your Ring Size

Step 6 – Tap to Add to Cart.

Step 7 – Tap on Proceed to Checkout.

How To Purchase An Oura Ring Using FSA And HSA Funds?_Proceed To Checkout

Step 8 – Enter your Account Information, along with your delivery and billing address.

Step 9 – Select the SIKA option under the payment method during the checkout process.

How To Purchase An Oura Ring Using FSA And HSA Funds?_Select Sika Option

Step 10 – Tap to Continue with SIKA.

Note: You will see an order review window with a subtotal of items that can be purchased with your FSA or HSA card, and another subtotal of items that are not eligible for FSA or HSA payments that should be paid with your debit or credit card.

Step 11 – Add your FSA or HSA card and an alternate debit or credit card.

How To Purchase An Oura Ring Using FSA And HSA Funds?_Add FSA Or HSA Card Details

Step 12 – Tap to Complete Purchase.

You will receive a confirmation email directly from [email protected] once you complete the purchase of your Oura Ring, along with the details of your original order.

If you are not able to find your order confirmation email or need additional support to process the cancellation or return the Oura Ring, you can get Customer Service from Oura at any given time.

You might be able to complete your transaction by paying it with your FSA or HSA card, depending on the card issuer. However, if you make use of two different cards for payment, you will not be able to manually select how much you wish to pay with each card.

Benefits Of Buying Oura Ring With FSA And HSA

Are you still not convinced to buy Oura Ring using your FSA or HSA card? Then, let me list out the various benefits of buying Oura Ring with FSA and HSA.

  1. As the Oura Ring is FSA and HSA eligible, you can take complete advantage of your pre-tax dollars.
  2. You can save costs by buying Oura Ring with FSA or HSA funds, as reimbursement from the funds is tax-free and helps convert your salary into tax-free income.
  3. You can buy Oura Ring with FSA or HSA funds to monitor your health and experience research-grade accuracy for wellness monitoring.
  4. You are also eligible to claim for the shipping, taxes, and extra charger.
  5. You can purchase the Oura Ring for yourself or for your legal dependents.
  6. If you wish to return the Oura Ring, Oura or SIKA will transfer the due amount to your FSA or HSA card within 10 business days.
  7. If you cancel Oura Ring order within 1 to 3 days before the order has been processed or shipped, your amount will be refunded to your FSA or HSA card immediately.

What are you waiting for? Now that you know all the current information, you can go ahead and place your order now and utilize your FSA and HSA funds to buy an Oura Ring.

Were you able to get FSA/HSA reimbursement for an Oura ring?
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Wrap Up

There are only a handful of fitness trackers and wearable tech that are considered to be medically approved gadgets with FSA or HSA eligibility. The mere fact that Oura Ring is FSA and HSA eligible proves its authenticity and accountability. Stop rethinking or looking for answers on  ‘Is Oura Ring HSA eligible?’ on Reddit or browsing through ‘Is Oura Ring FSA eligible?’ on Reddit discussion. I have made up my mind to invest in my health and fitness, and so should you. Let us all have a fruitful fitness tracking journey with Oura Ring.

Frequently Asked Questions

Q1. Will HSA Cover Oura Ring?

Yes, your HSA funds will cover your Oura Ring.

Q2. Can I Buy Oura Ring With My FSA Or HSA?

Yes, you can buy Oura Ring with your FSA or HSA funds.

Q3. Is Oura Ring Covered By Insurance?

No, the Oura Ring is not covered by insurance, but it is eligible for reimbursement using FSA or HSA funds.

Step into Lokesh's tech-style haven! As your guide in the world of smart rings, Lokesh infuses every byte with a touch of personal flair. Discover the perfect blend of innovation and elegance, where health tech meets sleek designs. Join Lokesh on this journey—your go-to companion for all things smart and stylish!

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