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