You can now use your health savings or flex account to pay for massage pre-tax at Energy Rising in Pittsfield and Stockbridge Massage. Owner, Todd Fiorentino, has obtained a medical classification for both businesses to accept payment from these types of accounts.
“We operate more like a chiropractic or physical therapy outfit,” said Fiorentino, “and less like a spa, so our payment processor gave us the classification, which is a great tax benefit for our clients. Spas delve into beauty services, and that does not meet IRS guidelines for a health expense. If your tax rate is 30%, this is really the difference between paying $50 or $55 for a therapeutic massage versus $70 or $80. It’s substantial.
”Employees should still check with their Human Resources Department to make sure they are following the proper guidelines. A prescription for therapeutic massage may be needed from your primary care physician. And, the credit card associated with the employee’s HSA (Health Savings Account) or Flex Account should have a regular Visa or MasterCard logo on the front.
“We’ve seen once a month clients bump up services to twice per month as a result of this change,” continued Fiorentino. Human Resources professionals may contact Todd Fiorentino directly at 732-595-6064 for more details.
Energy Rising and Stockbridge Massage are filling an important community need. When a patient goes to the doctor with neck or back pain, for instance, and the imaging/tests don’t turn up anything, what are you to do? It’s important for patients to have a physical medicine option where licensed and skilled practitioners can address the underlying cause of musculoskeletal dysfunction.
Reminder that Small Business Saturday is this weekend. Energy Rising (www.energyrising.net) and Stockbridge Massage (www.stockbridgemassage.com) will be fully staffed for the holidays.