HSA/FSA
Is Echelon Fit Exercise Equipment HSA/FSA Eligible?
Health is wealth! Learn how you can turn your HSA/FSA into a fitness fund with Echelon’s home workout solutions.
November 12, 2024
Sam O'Keefe
Co-founder & CEO of Flex
Overview
Overview
Overview
Overview
HSA and FSA Eligibility of Pair Eyewear:
Echelon Fit is eligible for purchase with a Health Savings Account (HSA) or Flexible Spending Account (FSA) if you have a Letter of Medical Necessity. You can use your HSA or FSA card to purchase or pay for it out-of-pocket and be reimbursed.
Echelon Fit has partnered with Flex to make paying with your HSA or FSA a seamless part of the checkout.
In the world of work at home, working out at home has never felt more connected thanks to Echelon Fit.
With fitness equipment designed specifically for the home or apartment, their treadmills fold up, rowers tuck away, and their full-body strength trainer converts to a full-length mirror when not in use. And if you miss the gym environment, their smart fitness equipment connects you to a digital ecosystem full of live classes, on-demand workouts, and a global community of other folks on their fitness journey.
Best yet, Echelon Fit is HSA and FSA eligible so you can break a sweat without breaking the bank.
What is Echelon Fit, and Why You Should Trust Them With Your Fitness
Echelon Fit is known for creating at-home cardio and weight training equipment that’s both effective and compact. Their gear is designed to be quiet, user-friendly, and flexible, integrating with digital platforms to give you an interactive workout experience.
The company empowers users with the tools, technology, and motivation they need to reach their fitness goals, without the commute to the gym.
From doctor’s orders to fitness disruptor: The story behind Echelon
Echelon Fit was born out of a need for better health. Founder Lou Lentine began the company after a personal wake-up call from his doctor. Advised to lose weight and change his lifestyle, Lentine took matters into his own hands and developed Echelon as a way to make fitness more achievable for everyone. His philosophy? Build products that solve common problems.
Echelon's greatest hits: Top products in their lineup
Echelon Fit’s sport bikes, treadmills, rowers, and strength training systems are optimized for a comfortable, at-home experience. Here are some of their top products, from bestsellers to award winners:
Echelon Connect EX-5: A smart bike that connects to live and on-demand classes, providing an interactive experience from your living room. It’s compact, folds up for easy storage, and provides an immersive cardio workout.
Stride-6: This treadmill is foldable, whisper-quiet, and ideal for walking, jogging, or running indoors without the bulk. It’s designed to save floor space while delivering a top-notch workout.
Echelon Row-s: A rowing machine that folds away and operates almost silently, the Row-S is a top choice if you want a safe & low-impact full-body workout.
Echelon Strength Home: A versatile and compact strength training device that combines weight resistance with cutting-edge technology. With no installation required, this all-in-one home gym machine doubles as a full-length mirror when folded, and you can adjust the resistance up to 110 lbs per arm.
Echelon also offers a subscription-based workout library that gives users access to thousands of live and on-demand classes. Beginner or fitness fanatic, Echelon’s community of skilled instructors will deliver classes to match every skill level, helping you stay connected and motivated.
Can you use Echelon Fit without the subscription?
Yes, you can absolutely use Echelon Fit equipment without a subscription. However, the Echelon Fit app subscription offers a wealth of extras, including live classes, progress tracking, interactive leaderboards, and a comprehensive workout library.
If you’re looking to get the most out of your equipment, a subscription enhances the experience — and the cost can also be covered by your HSA/FSA if you receive a LOMN.
Fit for Life: The Health Perks of Regular Exercise
Echelon Fit’s equipment is built to support a consistent exercise routine, which is proven to benefit health across multiple areas. Let’s take a closer look at some of these health perks:
Improved Cardiovascular Health: According to the American Health Association, regular physical activity helps reduce blood pressure, strengthen the heart, and improve circulation.
Weight Management: The CDC claims that exercise is one of the most effective ways to maintain a healthy weight and control body fat.
Enhanced Muscle Strength and Flexibility: Strength training and stretching exercises increase muscle mass and flexibility, improving range of motion and reducing injury risk.
Bone Health: Weight-bearing exercises can help build bone density and reduce the risk of osteoporosis.
Mental Health Benefits: Physical activity has been shown to reduce symptoms of depression and anxiety, and boost mood and self-esteem.
Better Sleep: Studies have linked regular physical activity to improved sleep quality.
Increased Energy Levels: Exercise promotes blood flow and endorphin release, leading to sustained energy and reduced fatigue.
Improved Immune Function: Regular, moderate exercise can enhance immune defense, helping the body fend off illnesses.
Enhanced Cognitive Function: Exercise supports brain health, memory, and cognitive abilities.
Social Interaction: Group classes and virtual communities help create a support system, boosting mental well-being through shared experiences.
Can You Purchase Echelon Fit Exercise Equipment With Your HSA or FSA?
Yes, Echelon Fit equipment is HSA and FSA eligible with a LOMN.
Your doctor will need to articulate why the exercise machine is medically necessary and how it directly treats or prevents a medical issue you are experiencing.
Consider contacting your HSA/FSA administrator if you have any questions, as they can help ensure you’re following the guidelines.
How Do You Purchase Echelon Fit Gear with Your FSA or HSA?
Purchasing Echelon Fit equipment with your HSA or FSA is a straightforward process, thanks to their partnership with Flex. Here’s a step-by-step guide on how to make the purchase:
Step 1: Add your Echelon Fit equipment to the cart
Visit Echelon’s website and add your chosen HSA/FSA-eligible items to your cart. They’ve partnered with Flex to make the payment process seamless, so you’ll be able to take advantage of your HSA/FSA funds without extra hassle.
Step 2: Select “Flex | Pay with HSA/FSA” at checkout
When you’re ready to check out, choose the “Flex | Pay with HSA/FSA” payment option. You can use either your HSA/FSA card directly at checkout or pay out-of-pocket with a regular credit or debit card, after which you’ll receive the necessary documents for reimbursement via email.
To ensure eligibility, Flex will prompt you to fill out a brief health questionnaire at checkout, so you’ll know immediately if your purchase qualifies. Echelon and Flex’s partnership means you’re likely to get real-time answers without needing additional steps.
Step 3: Keep documentation
For tax purposes and to meet IRS regulations, it’s essential to retain all documentation. This includes receipts and, if necessary, a Letter of Medical Necessity to support your purchase. Having everything organized ensures compliance and simplifies any future reimbursements or audits.
Echelon Fit’s partnership with Flex offers an easy route to get started. To learn more about using Flex to buy Echelon equipment, check out their page on FlexPay. If you want more details on how returns, exchanges, or canceling an order work with HSA or FSA, you can find it here!
Quick Reminder: What Are HSAs/FSAs
Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are tax-advantaged accounts set up exclusively for health-related expenses. You can think of them as financial tools that supplement your health insurance by covering medical costs that your plan might not.
HSAs and FSAs are designed for qualified medical expenses, which the IRS describes as those expenses "primarily to alleviate or prevent a physical or mental disability or illness." These expenses can include anything related to diagnosis, treatment, and prevention.
Check out the IRS’s Publication 502 for a full list of eligible items. You can also purchase items that aren’t pre-approved if you have a Letter of Medical Necessity from a healthcare provider, which allows greater flexibility.
What is a Letter of Medical Necessity?
Simply put, a Letter of Medical Necessity (LOMN) is like a prescription that makes certain items eligible for HSA or FSA coverage. It allows healthcare providers to determine if a purchase is necessary to manage a specific condition. A LOMN should include why the item is medically necessary and how it addresses a specific health condition, such as a need for exercise equipment to manage heart health or weight.
Why You Should Take Advantage of HSAs or FSAs for Echelon Fit
There are a few reasons you want to consider using your HSA or FSA to buy from Echelon Fit:
Tax savings: Because HSAs and FSAs are tax-advantaged financial accounts, you can put money away for medical fees while also reducing your taxable income. Specifically, contributions are pre-tax and withdrawals for qualified medical expenses are tax-free, which means you can save 30-40% on purchases because of tax savings.
FSAs are Use It or Lose It: One major difference between FSAs and HSAs is that most FSA funds that are not used by the end of the plan year are forfeited. There is the potential for a grace period or a limited rollover option, but in the end, you will either need to use your funds or lose them.
Be proactive about your health: Think of your HSA or FSA as letting you take control of your health because you can choose to invest in preventative or mitigating products or services not typically covered by your health insurance. This approach can help to detect problems early, reduce the risk of disease, and generally maintain a healthier lifestyle.
How Do Returns, Exchanges, or Canceling an Order Work With HSA or FSA?
Echelon Fit only accepts returns purchased directly from echelonfit.com, and you may submit a request for a return within thirty (30) das after delivery. If you purchased your product from a third-party seller, contact the seller directly to discuss your return options.
HSA and FSA Eligibility of Pair Eyewear:
Echelon Fit is eligible for purchase with a Health Savings Account (HSA) or Flexible Spending Account (FSA) if you have a Letter of Medical Necessity. You can use your HSA or FSA card to purchase or pay for it out-of-pocket and be reimbursed.
Echelon Fit has partnered with Flex to make paying with your HSA or FSA a seamless part of the checkout.
In the world of work at home, working out at home has never felt more connected thanks to Echelon Fit.
With fitness equipment designed specifically for the home or apartment, their treadmills fold up, rowers tuck away, and their full-body strength trainer converts to a full-length mirror when not in use. And if you miss the gym environment, their smart fitness equipment connects you to a digital ecosystem full of live classes, on-demand workouts, and a global community of other folks on their fitness journey.
Best yet, Echelon Fit is HSA and FSA eligible so you can break a sweat without breaking the bank.
What is Echelon Fit, and Why You Should Trust Them With Your Fitness
Echelon Fit is known for creating at-home cardio and weight training equipment that’s both effective and compact. Their gear is designed to be quiet, user-friendly, and flexible, integrating with digital platforms to give you an interactive workout experience.
The company empowers users with the tools, technology, and motivation they need to reach their fitness goals, without the commute to the gym.
From doctor’s orders to fitness disruptor: The story behind Echelon
Echelon Fit was born out of a need for better health. Founder Lou Lentine began the company after a personal wake-up call from his doctor. Advised to lose weight and change his lifestyle, Lentine took matters into his own hands and developed Echelon as a way to make fitness more achievable for everyone. His philosophy? Build products that solve common problems.
Echelon's greatest hits: Top products in their lineup
Echelon Fit’s sport bikes, treadmills, rowers, and strength training systems are optimized for a comfortable, at-home experience. Here are some of their top products, from bestsellers to award winners:
Echelon Connect EX-5: A smart bike that connects to live and on-demand classes, providing an interactive experience from your living room. It’s compact, folds up for easy storage, and provides an immersive cardio workout.
Stride-6: This treadmill is foldable, whisper-quiet, and ideal for walking, jogging, or running indoors without the bulk. It’s designed to save floor space while delivering a top-notch workout.
Echelon Row-s: A rowing machine that folds away and operates almost silently, the Row-S is a top choice if you want a safe & low-impact full-body workout.
Echelon Strength Home: A versatile and compact strength training device that combines weight resistance with cutting-edge technology. With no installation required, this all-in-one home gym machine doubles as a full-length mirror when folded, and you can adjust the resistance up to 110 lbs per arm.
Echelon also offers a subscription-based workout library that gives users access to thousands of live and on-demand classes. Beginner or fitness fanatic, Echelon’s community of skilled instructors will deliver classes to match every skill level, helping you stay connected and motivated.
Can you use Echelon Fit without the subscription?
Yes, you can absolutely use Echelon Fit equipment without a subscription. However, the Echelon Fit app subscription offers a wealth of extras, including live classes, progress tracking, interactive leaderboards, and a comprehensive workout library.
If you’re looking to get the most out of your equipment, a subscription enhances the experience — and the cost can also be covered by your HSA/FSA if you receive a LOMN.
Fit for Life: The Health Perks of Regular Exercise
Echelon Fit’s equipment is built to support a consistent exercise routine, which is proven to benefit health across multiple areas. Let’s take a closer look at some of these health perks:
Improved Cardiovascular Health: According to the American Health Association, regular physical activity helps reduce blood pressure, strengthen the heart, and improve circulation.
Weight Management: The CDC claims that exercise is one of the most effective ways to maintain a healthy weight and control body fat.
Enhanced Muscle Strength and Flexibility: Strength training and stretching exercises increase muscle mass and flexibility, improving range of motion and reducing injury risk.
Bone Health: Weight-bearing exercises can help build bone density and reduce the risk of osteoporosis.
Mental Health Benefits: Physical activity has been shown to reduce symptoms of depression and anxiety, and boost mood and self-esteem.
Better Sleep: Studies have linked regular physical activity to improved sleep quality.
Increased Energy Levels: Exercise promotes blood flow and endorphin release, leading to sustained energy and reduced fatigue.
Improved Immune Function: Regular, moderate exercise can enhance immune defense, helping the body fend off illnesses.
Enhanced Cognitive Function: Exercise supports brain health, memory, and cognitive abilities.
Social Interaction: Group classes and virtual communities help create a support system, boosting mental well-being through shared experiences.
Can You Purchase Echelon Fit Exercise Equipment With Your HSA or FSA?
Yes, Echelon Fit equipment is HSA and FSA eligible with a LOMN.
Your doctor will need to articulate why the exercise machine is medically necessary and how it directly treats or prevents a medical issue you are experiencing.
Consider contacting your HSA/FSA administrator if you have any questions, as they can help ensure you’re following the guidelines.
How Do You Purchase Echelon Fit Gear with Your FSA or HSA?
Purchasing Echelon Fit equipment with your HSA or FSA is a straightforward process, thanks to their partnership with Flex. Here’s a step-by-step guide on how to make the purchase:
Step 1: Add your Echelon Fit equipment to the cart
Visit Echelon’s website and add your chosen HSA/FSA-eligible items to your cart. They’ve partnered with Flex to make the payment process seamless, so you’ll be able to take advantage of your HSA/FSA funds without extra hassle.
Step 2: Select “Flex | Pay with HSA/FSA” at checkout
When you’re ready to check out, choose the “Flex | Pay with HSA/FSA” payment option. You can use either your HSA/FSA card directly at checkout or pay out-of-pocket with a regular credit or debit card, after which you’ll receive the necessary documents for reimbursement via email.
To ensure eligibility, Flex will prompt you to fill out a brief health questionnaire at checkout, so you’ll know immediately if your purchase qualifies. Echelon and Flex’s partnership means you’re likely to get real-time answers without needing additional steps.
Step 3: Keep documentation
For tax purposes and to meet IRS regulations, it’s essential to retain all documentation. This includes receipts and, if necessary, a Letter of Medical Necessity to support your purchase. Having everything organized ensures compliance and simplifies any future reimbursements or audits.
Echelon Fit’s partnership with Flex offers an easy route to get started. To learn more about using Flex to buy Echelon equipment, check out their page on FlexPay. If you want more details on how returns, exchanges, or canceling an order work with HSA or FSA, you can find it here!
Quick Reminder: What Are HSAs/FSAs
Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are tax-advantaged accounts set up exclusively for health-related expenses. You can think of them as financial tools that supplement your health insurance by covering medical costs that your plan might not.
HSAs and FSAs are designed for qualified medical expenses, which the IRS describes as those expenses "primarily to alleviate or prevent a physical or mental disability or illness." These expenses can include anything related to diagnosis, treatment, and prevention.
Check out the IRS’s Publication 502 for a full list of eligible items. You can also purchase items that aren’t pre-approved if you have a Letter of Medical Necessity from a healthcare provider, which allows greater flexibility.
What is a Letter of Medical Necessity?
Simply put, a Letter of Medical Necessity (LOMN) is like a prescription that makes certain items eligible for HSA or FSA coverage. It allows healthcare providers to determine if a purchase is necessary to manage a specific condition. A LOMN should include why the item is medically necessary and how it addresses a specific health condition, such as a need for exercise equipment to manage heart health or weight.
Why You Should Take Advantage of HSAs or FSAs for Echelon Fit
There are a few reasons you want to consider using your HSA or FSA to buy from Echelon Fit:
Tax savings: Because HSAs and FSAs are tax-advantaged financial accounts, you can put money away for medical fees while also reducing your taxable income. Specifically, contributions are pre-tax and withdrawals for qualified medical expenses are tax-free, which means you can save 30-40% on purchases because of tax savings.
FSAs are Use It or Lose It: One major difference between FSAs and HSAs is that most FSA funds that are not used by the end of the plan year are forfeited. There is the potential for a grace period or a limited rollover option, but in the end, you will either need to use your funds or lose them.
Be proactive about your health: Think of your HSA or FSA as letting you take control of your health because you can choose to invest in preventative or mitigating products or services not typically covered by your health insurance. This approach can help to detect problems early, reduce the risk of disease, and generally maintain a healthier lifestyle.
How Do Returns, Exchanges, or Canceling an Order Work With HSA or FSA?
Echelon Fit only accepts returns purchased directly from echelonfit.com, and you may submit a request for a return within thirty (30) das after delivery. If you purchased your product from a third-party seller, contact the seller directly to discuss your return options.
Flex is the easiest way for direct to consumer brands and retailers to accept HSA/FSA for their products. From fitness and nutrition, to sleep and mental health, Flex takes a holistic view of healthcare and enables consumers to use their pre-tax money to do the same.