Health care Flexible Spending Account reimbursement changes take effect Jan. 1

By Staff

The laws governing Flexible Spending Account (FSA), Health Reimbursement Arrangement (HRA) and Health Savings Account (HSA) reimbursements for over-the-counter (OTC) medicine are changing.

Effective Jan. 1, 2011, OTC medicines will only be considered a qualified medical expense if the person has a prescription for the medicine. OTC medicines purchased without a prescription through Dec. 31, 2010, are reimbursable through the end of the fall 2011.

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