Flexible spending accounts -- also known as health spending accounts -- provide health consumers with the opportunity to spend money on approved, health-related items with pre-tax dollars, thus saving money on state and federal income tax. Using your flexible spending account to get a vasectomy reversal could help you save hundreds of dollars when tax season rolls back around.
Step 1
Contact your health spending account representative -- either at your work or the health insurance company who manages your account -- to determine the amount you have left in your account.
Step 2
Visit your doctor to determine if you are eligible for a reverse vasectomy and to schedule it before the calendar year is over so you can use your health spending money for that year. Ask the billing representative at your doctor for an estimate of the doctor's charges for the procedure.
Step 3
Contact the hospital or health care facility where the operation will take place to get an estimate of their charges for the reverse vasectomy procedure.
Step 4
Undergo the reverse vasectomy procedure and wait for the insurance to process the billing paperwork and send you an explanation of benefits. This will list how much you are responsible for paying.
Step 5
Turn in a copy of all receipts for the reverse vasectomy -- including your doctor's fees, the medical facility's fees and any fees for anesthesia, for example -- to your employer, insurance company or whomever manages your health spending account, along with the proper reimbursement paperwork.
Step 6
Receive your reimbursement check and use the money to pay the medical bills associated with your reverse vasectomy.
Things You'll Need
- Bills or statements of benefits
- Reimbursement forms
