CARES Act OTC Medication & Feminine Hygiene Product Qualified Medical Expense Changes One of the lesser known but potentially high impact COVID-19 relief measures within the Coronavirus Aid, Relief, and Economic Security (CARES) Act, passed by Congress, is that you can once again use Flexible Spending Account (FSA), Health Savings Account (HSA), or Health Reimbursement Arrangement (HRA) funds to pay for over-the-counter (OTC) medications, without a prescription. The ability to use HSA, FSA, and HRA funds for non-prescribed OTC items was (unfortunately) removed in 2011, with the exception...
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[Read the rest of the story at 20somethingfinance.com]