Category Archives: Patient Protection & Affordable Care Act of 2010

Health Care Reform Update

Effective January 1, 2011, rules will change for using Flexible Spending Accounts (FSA’s), Health Reimbursement Arrangements (HRA’s), and Heath Savings Accounts (HSA’s) to purchase over-the-counter (OTC) drugs and medicines.  After January 1st, funds from these accounts may no longer be used for OTC drugs and medicines (other than insulin) unless the employee has a prescription from a doctor or medical provider.  Some examples of the OTC drugs and medicines affected by this new rule include: allergy & sinus medications, antibiotics, pain relief medicines, cough/cold/flu medicines, sleeping aids & sedatives, gastrointestinal aids, stomach remedies, and baby rash/ointments and creams.  Click on this link to learn more.

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Filed under Health Care Reform, Patient Protection & Affordable Care Act of 2010