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Is Medicines and Drugs that are Over the Counter (OTC) FSA/HSA Eligible?
FSA/HSA Eligible
Eligible with:FSAHSAHRA
Read Full Article: Medicines and Drugs that are Over the Counter (OTC)Quick Answer
Yes, Medicines and Drugs that are Over the Counter (OTC) is FSA/HSA eligible. You can use your Flexible Spending Account (FSA), Health Savings Account (HSA), or Health Reimbursement Arrangement (HRA) to purchase Medicines and Drugs that are Over the Counter (OTC).
Things to Know
- 1No prescription or Letter of Medical Necessity (LMN) required for reimbursement
- 2Products in the Eligible Products category are eligible when used for medical care
- 3HSA funds roll over year to year and can be invested for growth
- 4Keep your receipt and save documentation for tax purposes and potential audits
Eligibility Summary
- Category
- Eligible Products
- Eligibility Status
- Eligible
- Eligible Account Types
- FSA, HSA, HRA
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