Can I use HSA to buy Nyquil?

Asked by: Murray Osinski  |  Last update: October 12, 2023
Score: 4.4/5 (67 votes)

HSA Eligible Cold Medicine. Claritin 24 Hour Allergy Medicine, Non-Drowsy Prescription Strength Allergy Relief, Loratadine Antihistamine Tablets, 100 ct. Vicks NyQuil Severe Cold & Flu Liquicaps, 24 ct. Benadryl Ultra Allergy Relief Tablets, 100 ct.

Can I use my HSA card to buy cough medicine?

Yes, you can use your HSA card to purchase OTC cold medicine like Robitussin Cough Congestion, Maximum Strength Extended Release Tablets and more.

Is DayQuil HSA approved?

FSA/HSA Eligible DayQuil in FSA/HSA Eligible Brands - Walmart.com.

Can an HSA be used for over-the-counter drugs?

Health savings accounts (HSAs) allow qualified individuals to use pretax dollars to buy over-the-counter (OTC) drugs that they would normally pay for out of pocket. If you don't have an HSA, you can also use a flexible spending account (FSA) to purchase qualified OTC drugs.

Can you buy NyQuil on an FSA card?

You can now use your FSA to purchase over-the-counter (OTC) drugs and medicines, without a prescription, as well as menstrual care products. How can I see which items are now eligible for purchase?

If You Have an HSA, DON’T Do THIS! - Health Savings Account For Financial Independence

23 related questions found

Are cold meds covered by FSA?

At FSAstore.com, there is a separate Cold/Allergy category selling FSA eligible products including OTC products, warm steam vaporizers, saline solution, and nasal sprays. Browse our list of other FSA eligible expenses. Cough drops, tablets and other cold meds items (Vicks NyQuil, Robitussin, Tylenol) are FSA eligible!

Is Vicks Dayquil FSA eligible?

Contains acetaminophen. Use as directed. Keep out of reach of children. Take your health to the next level with guaranteed FSA eligible Over-the-Counter Meds.

Can I use HSA for Benadryl?

Benadryl is an over-the-counter (OTC) medication eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA) and a health reimbursement arrangement.

Can I use HSA for gym membership?

Physical therapy is an approved medical expense. Can I use my HSA for a gym membership? Typically no. Unless you have a letter from your doctor stating that the membership is necessary to treat an injury or underlying health condition, such as obesity, a gym membership isn't a qualifying medical expense.

Can you buy toilet paper with HSA?

Toiletries are not eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA), health reimbursement arrangement (HRA), limited-purpose flexible spending account (LPFSA) or a dependent care flexible spending account (DCFSA). What are toiletries?

Is cold sore medicine HSA-eligible?

Using My HSA to Purchase Abreva® Products

You can also use your health savings account (HSA) to purchase cold sore cream like Abreva® without a prescription. Abreva® products may be able to be purchased with HSA funds.

Can I buy melatonin with HSA?

Melatonin: HSA Eligibility

Melatonin may be eligible with a Letter of Medical Necessity for reimbursement with a flexible spending account (FSA), health savings account (HSA), or a health reimbursement arrangement (HRA).

Is Tylenol cold and Flu HSA-eligible?

Acetaminophen, the primary ingredient found in Tylenol, is an eligible OTC item. Acetaminophen reimbursement is eligible with an FSA account, HSA or HRA.

Is Vicks Vaporub HSA-eligible?

Vapor rub is eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA), or a health reimbursement arrangement (HRA). Vapor rub is not eligible with a dependent care flexible spending account (DCFSA) or a limited-purpose flexible spending account (LPFSA).

What can I not use my HSA card to buy?

Examples of no-nos from the IRS include vacations and vitamins. Other items that aren't eligible include maternity clothes, funeral costs, child care for healthy babies, toiletries, over-the-counter medicine, swimming lessons and elective cosmetic procedures.

Can I use HSA for vitamins?

With this IRS definition in mind, while daily multivitamins are not FSA/HSA eligible, there are some types of vitamins that are eligible with consumer-directed healthcare accounts and others that may be eligible with proper documentation from a physician.

Is Apple Watch HSA eligible?

Unfortunately the answer to this question is usually no. This is because according to the IRS, fitness trackers are used to promote what the IRS terms “general health”. Expenses under this general health definition are not considered HSA eligible expenses.

Can I buy a treadmill with my HSA?

A treadmill may be eligible for reimbursement with a Letter of Medical Necessity (LMN) with a flexible spending account (FSA), health savings account (HSA) and health reimbursement arrangement (HRA).

What happens if you use your HSA card for something else?

If you use your HSA for an expense other than eligible medical expenses you can subject yourself to significant IRS penalties. Inappropriate use of your HSA funds may also leave you without money to pay for your eligible medical expenses in the future.

Can I use HSA to buy ibuprofen?

Ibuprofen: HSA Eligibility. Ibuprofen is eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA), or a health reimbursement arrangement (HRA). Ibuprofen is not eligible with a dependent care flexible spending account (DCFSA) or a limited-purpose flexible spending account (LPFSA).

Can you use HSA card for ibuprofen?

Yes, you can use your Health Savings Account (HSA) to purchase over-the-counter drugs without a prescription from your physician. Use your HSA for all Advil products.

What medications are covered by HSA?

Common Over-the-Counter (OTC) Medicines
  • Acid controllers.
  • Acne medicine.
  • Aids for indigestion.
  • Allergy and sinus medicine.
  • Anti-diarrheal medicine.
  • Baby rash ointment.
  • Cold and flu medicine.
  • Eye drops*

Is Theraflu HSA eligible?

Theraflu FSA/HSA Eligible Pain Relievers in FSA and HSA Store - Walmart.com.

What's the difference between DayQuil and NyQuil?

The main difference is that DayQuil is a non-drowsy formula with the decongestant phenylephrine to help treat your cold or flu symptoms during the day, while many NyQuil products contain a sedating antihistamine and can help you sleep at night.

Can you buy deodorant with FSA?

Deodorant: FSA Eligibility

Deodorant reimbursement is not eligible with a flexible spending account (FSA), health savings account (HSA), health reimbursement arrangement (HRA), limited-purpose flexible spending account (LPFSA) or a dependent care flexible spending account (DCFSA).