On March 27, 2020 the Coronavirus Aid, Relief, and Economic Security Act or the CARES Act was signed into law. The bill included a change impacting the use of funds from HSA, HRA and FSA health benefit accounts. The bill reverses the prescription requirement for Over the Counter Drugs for reimbursement and also includes eligibility for menstrual care products. The bill had a retroactive start date of 1/1/20.
Please review the
Eligible Product List Criteria, specifically the section “OTC Medicine and Drugs: Included as Eligible Products for IIAS Approval". The Eligible Product List will be updated to include Over the Counter Drugs and Medicines and eligible Feminine Care products by April 15, 2020.
For more information, please see our web-page on the
Coronavirus Aid, Relief, and Economic Security Act (CARES Act).