LPFSA
Medical abbreviation · Health Insurance
| Stands for | Limited-purpose flexible spending account |
|---|---|
| Categories | Medical |
LPFSA stands for Limited-purpose flexible spending account, a health insurance abbreviation also used in business.
FSA restricted to dental and vision expenses, designed so people with a health savings account can still use pre-tax FSA dollars. A general-purpose FSA would otherwise disqualify them from making HSA contributions.
Example: Pair your HSA with the LPFSA to cover braces and new glasses pre-tax.
Usage notes
Using an LPFSA for dental and vision lets HSA money keep growing for future medical costs. Contribution limits match those of a standard health FSA. Some employers offer a post-deductible version that broadens to other medical expenses once the HDHP deductible is met.
Related abbreviations
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- IPA – Independent practice association
- IPPS – Inpatient Prospective Payment System
- IRMAA – Income-Related Monthly Adjustment Amount
- LCD – Local coverage determination
- LIS – Low-Income Subsidy (Extra Help)
- LTCI – Long-term care insurance
- MA – Medicare Advantage
- MAC – Medicare Administrative Contractor
- MACRA – Medicare Access and CHIP Reauthorization Act
- MAGI – Modified adjusted gross income
- MAPD – Medicare Advantage Prescription Drug plan
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This entry is for general education and is not medical advice. Abbreviation use varies between institutions; always confirm in context.