How To Checkout At KANE Footwear With HSA/FSA Funds
1. Checkout
Select "Pay with HSA/FSA" during checkout. Exit the "Shop Pay" pop-up if prompted. Ensure you checkout as a guest.
2. Complete Health Assessment
Take a quick, private health survey. A licensed provider will review your answers to determine eligibility.
3. Complete Purchase
If you pay with your HSA/FSA card, there’s no other work you need to do. Truemed will send paperwork to ensure compliance.
Shopping With Your HSA/FSA
At KANE Footwear, we believe our active recovery shoes can help relieve pain and serve as preventative care—and our new partners at Truemed agree.
Thanks to this partnership, eligible customers can now use Health Savings Account (HSA) or Flexible Spending Account (FSA) funds on qualifying KANE products. That means you may be able to purchase your favorite recovery shoes using pre-tax dollars—saving an average of 30%.
HSAs and FSAs were designed to let you spend tax-advantaged dollars on products that support your wellness. With a "Letter of Medical Necessity", Truemed makes it easy to unlock these benefits and start recovering smarter.
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FAQs
Which products at KANE Footwear are eligible for HSA/FSA?
All footwear is eligible for HSA/FSA. Apparel, socks and other gear is not eligible.
How does using my HSA/FSA account save me money?
HSA/FSA accounts were created so individuals could use pre-tax money to pay for expenses used to treat, mitigate, or prevent a diagnosed medical condition. Because HSA/FSAs use pre-tax money, you’re getting more purchasing power for your dollars. Rather than pay taxes on income and then spend it on health items, qualified customers can use pre-tax funds to invest in their health.
An individual can contribute up to $4,150 pretax to their HSA per year, or $8,300 for a family (plus an additional $1,000 if you are at least 55 years old). Individuals can contribute up to $3,200 pretax to their FSA per year (with an additional $500 in employer contributions allowed).
What are HSA and FSA accounts?
Health savings accounts (HSA) and flexible spending accounts (FSA) are programs that allow you to set aside pre-tax dollars for eligible healthcare expenses. If you’re unsure whether or not you have an HSA or FSA account, please check with your employer or insurance company.
Can I use my HSA/FSA at KANE Footwear?
Yes, simply select Truemed as your payment option at checkout and use your FSA or HSA card as you would any other credit card.
Can I use my regular credit card at checkout?
Yes. If you prefer to use your regular credit card, Truemed will send you instructions on how to submit for reimbursement from your HSA/FSA administrator.
What is a "Letter of Medical Necessity", and how is this compliant?
The items in your Truemed "Letter of Medical Necessity" (LMN) are now qualified medical expenses in the same way a visit to the doctor’s office or pharmaceutical product is.
There are thousands of studies showing food and exercise is often the best medicine to prevent and reverse disease. Exercise qualifies as a qualified medical expense with an LMN. Food, supplements, and other wellness purchases qualify as medical expenses if they treat or prevent an illness, and a doctor substantiates the need. Your Truemed LMN satisfies all IRS requirements to make your wellness spend fully reimbursable.
Are there fees associated with using Truemed's services?
There is no cost to you, as long as you are shopping with a Truemed partner merchant.
When should I use my HSA/FSA dollars?
You can use your HSA/FSA dollars all year long. However, FSA dollars expire at the end of the year and unused money may not rollover into the next year. Make sure to spend the rest of your FSA dollars before December 31st—use it, so you don’t lose it!
How long does it take for me to receive my "Letter of Medical Necessity"?
Generally it takes 2-5 hours. In some cases, Truemed’s provider team will require additional time to issue a "Letter of Medical Necessity" based on the needs associated with an individual qualification survey. If you aren’t seeing your letter in your inbox, check spam, then reach out to us at support@truemed.com for help.
I don’t have an HSA/FSA. Can I still benefit from Truemed?
Unfortunately, Truemed’s services are for individuals who have HSA or FSA accounts (or plan to fund one during open enrollment). We encourage you to ask your employer about information on your HSA or FSA!
I don’t live in the US. Can I still get reimbursed with Truemed?
Unfortunately, Truemed is currently only available in the United States.