Is Over-the-Counter Medicine HSA Eligible? - Everything You Need to Know

Are you wondering if over-the-counter (OTC) medicine is eligible for your HSA (Health Savings Account)? The answer is yes, but with some conditions. OTC medications are eligible for reimbursement with your HSA, but there are guidelines to follow.

When it comes to using your HSA funds for OTC medicines, it's essential to keep in mind the following:

• OTC medicines must be primarily for medical care.
• The medicine must be either prescribed or recommended by a healthcare provider.
• Ensure that the expenses are incurred after the HSA was established.
• Save your receipts for OTC medications as proof of purchase.

By following these guidelines, you can confidently use your HSA funds for OTC medicines and be reimbursed accordingly.

Have you been scratching your head wondering if over-the-counter (OTC) medicine is HSA (Health Savings Account) eligible? You’re in luck! The short answer is a resounding yes, but with a few important conditions attached.