what over the counter medicine can i buy with my hsa?
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Thanks to the Coronavirus Aid, Relief and Economic Security (CARES) Act, you can use your FSA or HSA funds to buy over-the-counter medications without a prescription, like Tylenol and other pain relievers, heartburn medications, allergy relief and more, for the first time since 2011.
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Sorry to say, but likely not. Over-the-counter medications (those you do not need a prescription to purchase) are almost never considered a deductible medical expense. The “almost” is because there is an exception for insulin.
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These may include the following: Pain medication. Your doctor may advise the use of over-the-counter acetaminophen (Tylenol, others) or ibuprofen (Advil, Motrin IB, others) to relieve pain. Use the drugs as directed on the label.
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['Aspirin (Bayer, Bufferin, Excedrin)', 'Ibuprofen (Advil, Motrin IB)', 'Naproxen (Aleve)']
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You can buy hydrocortisone cream over the counter from a pharmacy for treating: contact dermatitis.
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['Advil. ®', 'Bayer® Aspirin.', 'Benadryl. ®', 'Dimetapp. ®', 'Ivarest. ®', 'Sominex. ®', 'TYLENOL. ®', 'Unisom. ®']
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Bandages: FSA Eligibility. Bandages are over-the-counter (OTC) items that are eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).
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Cold medicine is an eligible over-the-counter (OTC) drug with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).
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['NSAIDs relieve fever and pain. ... ', 'When taken for a short time (no longer than 10 days), NSAIDs are safe for most people.', 'Some NSAIDs can be bought over the counter, such as aspirin, ibuprofen (Advil, Motrin), and naproxen (Aleve, Naprosyn).', 'Other NSAIDs are prescribed by your provider.']
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Can You Buy an EpiPen Over-the-Counter? In the U.S., you cannot buy EpiPen unless you have a prescription from your doctor. Some schools do stock the product for emergency use, but use in that setting would still be under the direction of a health care provider.
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OTC Meds and Feminine Products Now FSA-Eligible. If you've been stocking up on fever meds and cough drops, you'll be happy to know that a small section of the CARES Act allows you to pay for all this and more with your HSA, FSA or HRA dollars!
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Cold packs are eligible over-the-counter (OTC) items that do not require a prescription for reimbursement through a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).
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Bandages are over-the-counter (OTC) items that are eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).
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['Nonsteroidal anti-inflammatory drugs (NSAIDs). NSAIDs include over-the-counter options such as ibuprofen (Advil, Motrin IB, others) and naproxen sodium (Aleve), as well as more-powerful prescription NSAIDs such as indomethacin (Indocin) or celecoxib (Celebrex). ... ', 'Colchicine. ... ', 'Corticosteroids.']
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['Abbott.', 'Amgen.', 'AstraZeneca.', 'Baxter.', 'BD.', 'Biovail.', 'Bristol Myers Squibb.', 'Cardinal Health.']
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Remember: this medicine is prescription-only, meaning it cannot be sold over the counter. If you want to use it, you'll first need to get a medical consultation to confirm that it's safe and recommended in your case.
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If your doctor thinks your blood pressure is high enough to need medicine, you'll get a prescription. There are no FDA-approved OTC medicines for high blood pressure.