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Employee Benefits Syracuse NY Insurance, Retirement Specialists in Syracuse NY

April 10, 2020

CARES Act Restores OTC Products to HSA-Eligibility

The Coronavirus Aid, Relief, and Economic Security (CARES) Act included language that restores the ability to use HSAs, FSAs, and HRAs to buy certain over-the-counter drugs and medical supplies without a prescription. It also adds menstrual products to the list of qualified medical expenses for the first time.

The Affordable Care Act had removed OTC drugs from the list of qualified medical expenses. Additional details

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