03/30/2020
Did you know?! Last Friday the President signed the CARES (Coronavirus Aid, Relief, and Economic Security Act) Act into effect. Here's what that means for you if you have an HSA, FSA or HRA:
-Over-the-counter drugs and medicines not prescribed by a physician can now be reimbursed pre-tax.
-Feminine care products are now considered eligible expenses. Examples include tampons, pads, liners, cups, sponges, or similar products.
-Health plans can now cover telehealth services pre-deductible without impacting HSA eligibility. This means whether you're on a copay plan or an HSA plan, you can use your carrier's telehealth service FREE OF CHARGE.
For more information, click on the link below from ConnectYourCare.
On Friday, March 27, President Donald Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"). The CARES Act includes important provisions for users of health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs),....