Can You Use an HSA to Pay for OTC Items?

Health Savings Accounts (HSAs) are a great way to save for medical expenses, but can you use them to pay for over-the-counter (OTC) items?

The answer is yes, you can use your HSA to pay for a wide variety of OTC items, as long as they are considered medically necessary. This includes items such as:

• Pain relievers like ibuprofen and acetaminophen
• Allergy medications
• Cold and flu remedies
• Bandages and first aid supplies

Using your HSA to purchase these items can be a convenient way to manage your healthcare expenses. Just be sure to keep your receipts in case you need to provide documentation later on.

Health Savings Accounts (HSAs) are fantastic tools for saving on medical expenses, and yes, you can absolutely use them for many over-the-counter (OTC) items!

These can include various products deemed medically necessary, like:

• Common pain relievers, whether you prefer ibuprofen or acetaminophen
• Your go-to allergy medicines
• Essential cold and flu remedies
• First aid supplies such as bandages

Using your HSA for these purchases is a smart way to manage healthcare costs efficiently. Just don’t forget to keep those receipts handy for any documentation requirements!