The Section 125 program is a tremendous opportunity for you to enhance your benefits package. The Premium Only Plan is the building block of the Section 125 Plan. It allows for certain employee paid group insurance premiums to be paid with pre-tax dollars.
Healthcare expenses that do qualify for reimbursement. See: IRS Publication 502. Only expenses not reimbursed by insurance can be claimed.
- Acupuncture (excluding remedies and treatments prescribed by acupuncturist)
- Alcoholism treatment
- Ambulance Artificial limbs/teeth
- Chiropractors
- Christian Science practitioner’s fees
- Contact lenses and solutions
- Co-payments
- Costs for physical or mental illness confinement
- Crutches Deductibles
- Dental fees
- Dentures
- Diagnostic fees
- Dietary supplements with doctor’s letter of medical necessity
- Drug and medical supplies (i.e. syringes, needles, etc.)
- Eyeglasses prescribed by your doctor
- Eye examination fees
- Eye surgery (cataracts, LASIK, etc.)
- Hearing devices and batteries
- Hospital bills
- Insulin
- Laboratory fees
- Laser eye surgery
- Obstetrical expenses
- Oral surgery
- Orthodontic fees
- Orthopedic devices
- Oxygen Physician fees
- Prescribed medicines
- Psychiatric care
- Psychologist’s fees
- Routine physicals and other non-diagnostic services or treatments
- Smoking-cessation programs
- Smoking-cessation over-the-counter drugs
- Surgical fees
- Vitamins with doctor’s letter of medical necessity
- Weight-loss programs with doctor’s letter of medical necessity
- Weight-loss over-the-counter drugs with doctor’s letter of medical necessity
- Wheelchair X-rays
For a complete list of eligible expenses Click Here for Publication 502
