Can I use the card to purchase qualified over-the-counter medications?
In 2003, the IRS issued a Revenue Ruling approving reimbursement of qualified over-the-counter (OTC) medications under healthcare FSAs. If you use your card to purchase qualified OTC medications, you will be required to submit itemized receipts. Once again, you should save all itemized receipts for purchases made with your debit card. We suggest that you pay for eligible OTC items separately from prescription(s). You may either charge OTC items to your debit card or save your OTC receipts and submit a manual claim. Please note: OTC medications must be for “medical care” as defined by the Internal Revenue Code. An over-the-counter medication is for “medical care” if it is needed to treat a medical condition and is generally accepted as falling within the category of “medicine or drugs”. Items that are merely beneficial to the general health of an individual are not for “medical care” and are not reimbursable (e.g. vitamins, nutritional supplements). View a list of eligible over-the-coun
