Are Over-the-Counter Allergy Medicines Approved for HSA? - Understanding HSA Rules

If you're wondering whether over-the-counter (OTC) allergy medicines are approved for Health Savings Account (HSA) use, the short answer is yes! HSA accounts are a great way to save money on medical expenses, including allergy relief products. Let's delve deeper into the details.

When it comes to using your HSA for OTC allergy medicines, there are a few key points to keep in mind:

• As per the CARES Act, OTC drugs, including allergy medications, are eligible for HSA reimbursement without needing a prescription.
• Popular OTC allergy medicines like antihistamines, decongestants, and nasal sprays can be purchased using your HSA funds.
• Be sure to save your receipts for OTC allergy medicine purchases in case of an audit or if you need to validate the expense.

By leveraging your HSA for OTC allergy medicines, you can effectively manage your allergy symptoms while optimizing your healthcare savings. It's a win-win!

Yes, you can indeed use your HSA to purchase over-the-counter (OTC) allergy medications! This is great news for those who suffer from seasonal allergies and want to ensure they have access to relief without breaking the bank.