Certain over-the-counter (OTC) drugs and medications, as well as menstrual care products, are now considered qualified medical expenses, without the need for a physician prescription. You may use HSA funds to pay for these products.
- For HSAs, you may use your debit card as you normally would since no claim reimbursement process is required. Please retain copies of your receipts as needed for tax purposes.
- Both provisions for OTC and menstrual products apply to amounts paid or expenses incurred on or after January 1, 2020, and are ongoing without an expiration date.
QME Search Tool
Filter by account type and expense type to learn about qualified medical expenses. The examples listed here are not all-inclusive. Consult your tax advisor for a tax advice applicable to your individual situation or view IRS publication 502 for guidelines for eligible expenses. Please note, IRS publication 502 does not yet reflect changes from the CARES Act. For a comprehensive list of over-the-counter (OTC) medications and drugs covered under the CARES Act, click here.
Certain Limited Purpose FSA plans will turn to a post deductible plan (allowing medical and Rx) once the entire medical plan deductible is met. Once the entire medical deductible is met, then the health care FSA list applies.