TaxSaverPlan

Certain Over The Counter Items May Be Reimbursed By Health FSA’s, HRA’s and Other Employer Provided Health Plans

Due to the Patient Protection and Affordable Care Act and the Health Care Reconciliation Act of 2010, over the counter drugs and medicines which were once considered to be eligible items for reimbursement under Health FSA and HRA plans will require a written prescription from a licensed physician in our State as of January 1, 2011. Any over the counter drug or medicine purchased on or after January 1, 2011 will require a written prescription.

Individual state laws place time limits on prescription. Depending on the drug or medicine prescribed, the prescription expired typically six (6) months or one (1) after the date of issue. Each state also determines who is allowed to prescribe medicines and drugs. As an example, only a person who has earned the following credentials may prescribe drugs in the state of Texas; a MD, a DO, a DPM or a DDS. A DVM can also prescribe drugs in the state of Texas, but rarely are animal expenses considered an eligible FSA or HRA item.

Taxsaver Plan will place your prescription on file in our system based on the information provided by your physician. Although it is not required, it is helpful to please submit your prescription at the same time you purchase your over the counter drug or medicine. Taxsaver Plan will accept multiple prescriptions submitted at one time and will also record a prescription without the actual item being purchased.

As of January 1, 2011, the FSA or HRA Debit Cards will not longer be able to be used to pay for an over the counter drug or medicine, even if you have obtained the required prescription. FSA and HRA Debit Cards can be used to purchase behind the counter prescriptions and online prescriptions, as always.

For a list of over the counter expenses that are eligible without prescription, please click on the link at the top of this page, titled Eligible Expenses.

For a list of over the counter expenses that require a prescription, please click on the link at the top, titled Prescription Required Items.

For a list of over the counter expenses that require a Medical Determination Form (which can be found on our Forms page), please click on the link on the top of this page, titled Dual Expenses.

And, for a list of over the counter expenses that are never eligible for reimbursement, please cick on the link at the top of this page, titled Ineligible Expenses.