WEAR IT Act

This bill would let you use money in your HSA, MSA, FSA, or HRA to buy certain health-related wearable devices and related software subscriptions by counting them as medical expenses. A “wearable device” here means something you wear on your body (or software used mainly with it) that tracks health data to help diagnose, treat, or prevent a health condition, or that helps provide a diagnosis or treatment. FSAs and HRAs could reimburse up to $375 per year for these purchases. HSAs and MSAs would treat them as qualified expenses under their normal rules. These changes would start for purchases and reimbursements made in 2026.

Key points:

• Who is affected: People with HSAs, MSAs, FSAs, or HRAs.
• What changes: Certain wearables and related software/subscriptions count as medical expenses; FSAs/HRAs can reimburse up to $375 per year.
• When: Applies to amounts paid or expenses incurred after December 31, 2025 (effective for 2026).