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Using a Health Savings Account to Pay for Alternative Medicine Americans spend over $30 billion each year on complementary and alternative therapies, mostly out of their own pocket. That is because few health insurance plans cover expenses like homeopathy, acupuncture, or Chinese medicine. But if you own a Health Savings Account, these expenses are 100% tax deductible. Health Savings Accounts and Chiropractic Care How you can use a Health Savings Account to pay for chiropractic care and many other forms of alternative medicine, while saving on your taxes. Make Way For Alternative Health Care Research In the past few decades, alternative medicine is starting to make its claim on the medical world. Some may consider it to be a pseudo-science, but nevertheless, alternative medicine is practiced quite widely. In fact, alternative medicine practitioners are doing their own scientific researches to prove that their practice could be at par with conventional medicine.