You may see it abbreviated as LMN (or LOMN) and hear it pronounced as “lemon.” When may you need a letter of medical necessity? It explains why a specific treatment, product, piece of medical equipment, medication, or medical service is essential for a patient’s health and well-being. What is a letter of medical necessity?Ī letter of medical necessity is a formal document provided by a licensed healthcare provider.
In such cases, you might need a letter of medical necessity (LMN) from your healthcare provider to help you access the financial benefits of your healthcare accounts. However, there are situations in which some expenses may not align with the Internal Revenue Service’s (IRS’s) definition of a qualified medical expense. These accounts help provide individuals and employees the opportunity to save money on qualified medical expenses using pre-tax dollars. Tax-advantaged accounts - such as health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs) - can be important tools for managing healthcare costs.