Insurance

Is SoClean covered by insurance or medicare?

Insurance

Currently CPAP Cleaners are not covered by health insurance providers. However, you can use your Health Savings Account (HSA) or Flexible Spending Account (FSA) for CPAP cleaner purchases.

If you are on a tight budget, but see the value in purchasing a CPAP Cleaner check out:

are cpap cleaners covered by medicare?

Unfortunately, Medicare will not pay for a CPAP Cleaner. However, Medicare Part B covers therapy for sleep apnea and rental or purchase of CPAP machines. Medicare will pay for medical equipment and supplies only if a supplier has a Medicare supplier number.

Additional information may be found at the following sites:

What is a HSA?

HSA stands for health savings account. Funds entered into this account may roll year over year. The maximum contribution for a family is $6900 for 2019. It is common place for employer based health insurance providers to offer this savings vehicle. However, an individual may sign-up for a health savings account that is not employer sponsored. A health saving plans have a few tax advantages:

  • Pre-tax or tax deductible

  • Money grows tax-free (think interest)

  • A withdrawal from the account is tax free (i.e. no penalties)

What is a FSA?

Flexible spending accounts are similar to an health saving accounts with a few key differences. The flexible spending account must be setup by an employer and is typically a pre-tax contribution from the employees pay check. Funds with the the savings account will only last the current calendar year. This means that any money in the flexible spending account that is not used/spent by the next year with be lost. Flexible spending account funds may be used for co-pays and other health related needs.

Additional information about the difference between HSA and FSA may be found by visiting HealthInsurance.org