Is Hydrocortizone Cream a Qualified HSA Expense?

One common question that often arises when managing a Health Savings Account (HSA) is whether certain medical expenses, such as hydrocortizone cream, are considered qualified expenses that can be paid for using HSA funds. Hydrocortizone cream is typically used to treat skin conditions like itching, redness, and swelling due to allergies, eczema, or insect bites.

When it comes to determining if hydrocortizone cream is a qualified HSA expense, the answer is yes. According to the Internal Revenue Service (IRS), over-the-counter medications such as hydrocortizone cream are eligible for reimbursement through an HSA as long as they are used to treat a specific medical condition.

It's important to keep in mind that not all over-the-counter medications are eligible for reimbursement under an HSA. To ensure that your hydrocortizone cream purchase is considered a qualified expense, it's a good idea to save your receipt and documentation showing the medical necessity of the purchase.

Have you ever wondered whether you can use your Health Savings Account (HSA) to pay for hydrocortizone cream? The good news is that this popular over-the-counter treatment for skin issues is indeed a qualified HSA expense!