health reimbursement arrangement

The Affordable Care Act of 2010, signed in March 2010, places new limits on over-the-counter drug reimbursements in Flexible Savings Accounts (FSA’s), Health Reimbursement Arrangements (HRA’s), and Health Savings Accounts (HSA’s).

Under the new rules, over-the-counter drugs cannot be reimbursed under these plans unless they are purchased with a doctor’s prescription.  The act goes into effect for items purchased in 2011.

This includes (but is not limited to):
[Read more…] about Flexible and Health Savings Account Changes for 2011 – Over the Counter Medicine Reimbursement