People also ask
Can I purchase over-the-counter medications with an HSA or FSA?
Special Note: As part of the 2020 CARES Act, over-the-counter medications and menstrual care products are now eligible for purchase with health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs). This list includes products like allergy medication, pain relievers, prenatal vitamins, and tampons.
Is air filter reimbursement eligible with Flexible Spending Accounts (HSA)?
Air filter reimbursement is eligible with a Letter of Medical Necessity (LMN) with a flexible spending account (FSA), health savings account (HSA) and a health reimbursement arrangement (HRA). Air filter reimbursement is not eligible with a limited-purpose flexible spending account (LPFSA) or a dependent care flexible spending account (DCFSA).
Are antihistamines eligible for reimbursement with an HSA?
Antihistamines are over-the-counter (OTC) medicines that are eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).
Should your business have a high-deductible health plan (HSA)?
More employers are looking to balance costs without sacrificing the well-being of their workforce. As health care costs outpace inflation, qualified high-deductible health plans (HDHPs) remain popular. The right health savings account (HSA) strategy can help your organization control expenses.