Is Tylenol HSA eligible?

Asked by: Prof. Francesca Schuster  |  Last update: September 10, 2022
Score: 4.7/5 (44 votes)

There are two common types of over-the-counter

over-the-counter
The term over-the-counter (OTC) refers to a medication that can be purchased without a medical prescription.
https://en.wikipedia.org › wiki › Over-the-counter_drug
pain medications: acetaminophen and nonsteroidal anti-inflammatory drugs (NSAIDs), both of which are now among the eligible expenses available from an HSA and FSA.

Can you use HSA for over-the-counter medicine?

If you have a health savings account (HSA) or flexible spending account (FSA), you can now use those funds for several common over the counter (OTC) drugs, medicines, and products.

What medications are HSA eligible?

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*

Can I buy ibuprofen with my HSA?

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.

Can I buy Tylenol with FSA?

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

No more Tylenol on your HSA/FSA card

22 related questions found

Can you use HSA for OTC meds 2022?

The Coronavirus Aid, Relief, and Economic Security (CARES) Act also added some other medical expenses to the list. The new items added were menstrual products and over-the-counter medications.

Can I use my HSA for aspirin?

Aspirin is eligible with an FSA account, HSA or HRA. Artificial teeth reimbursement is eligible, unless they are for a cosmetic purpose, with an FSA account, HSA or HRA. Antihistamines are over-the-counter (OTC) medicines that are eligible for reimbursement with an FSA account, HSA or HRA.

What can HSA be used for 2021?

List of HSA-eligible expenses
  • Abortion.
  • Acne laser treatment.
  • Acupuncture.
  • Ambulance fees and emergency care.
  • Artificial limbs.
  • Birth control pills, injections, and devices, such as IUDs.
  • Blood pressure monitors.
  • Body scans.

Can I buy toothpaste with HSA?

Toothpaste is 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).

Can I buy vitamins with HSA?

Generally, weight-loss supplements, nutritional supplements, and vitamins are used for general health and are not qualified HSA expenses. HSA owners usually cannot include the cost of diet food or beverages in medical expenses because these substitute for what is normally consumed to satisfy nutritional needs.

Is toilet paper HSA eligible?

On the counterpoint, let's take a quick look at some of the expenses that don't qualify for payment out of your HSA, even during the coronavirus pandemic: Babysitting and childcare costs for a normal, healthy child. Medicines and drugs from other countries. Personal care items like toilet paper and soap.

Can I use HSA for Benadryl?

Allergy products

Those who do have allergies can now find relief with their HSA and FSA funds in the form of over-the-counter antihistamines and decongestants.

Can you buy shampoo with HSA card?

While some exceptions may vary, shampoo is generally 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).

Can I buy an Apple watch with my HSA card?

Apple Watches are not considered medical devices and therefore cannot be bought with FSA funds. Even if a doctor says it's a medical necessity there's nothing that states Apple Watch is a medical device.

Can I buy groceries with my HSA card?

No, you can't use your Flexible Spending Account (FSA) or Health Savings Account (HSA) for straight food purchases like meat, produce and dairy. But you can use them for some nutrition-related products and services. To review, tax-advantaged accounts have regulatory restrictions on eligible products and services.

Is Nyquil HSA eligible?

Cold medicine is an eligible over-the-counter (OTC) drug with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).

Are vitamins HSA eligible 2022?

Q: Are vitamins HSA eligible in 2022? Vitamins and health supplements are HSA-qualified expenses if they have been recommended by a medical or health professional for the treatment or prevention of a specific disease or condition.

Are electric toothbrushes HSA eligible?

Electric toothbrushes are not eligible for reimbursement with flexible spending accounts (FSA), health savings accounts (HSA), health reimbursement accounts (HRA), dependent care flexible spending accounts, and limited-purpose flexible spending accounts (LPFSA) because they are general health products.

Can you buy a squatty potty with HSA?

Elevated toilet seats are medical products eligible for reimbursement with a flexible spending account (FSA), health savings account (HSA) or a health reimbursement arrangement (HRA).

Are baby wipes HSA eligible?

Accessories like breast pumping bras and nursing wipes and pads are also available via your FSA or HSA. Whether you need to head back to work or just want to stock up on a milk supply, you'll likely find yourself pumping breast milk at some point—and you're going to need trusty containers to store it all in.

Is a humidifier HSA eligible?

Humidifier: HSA Eligibility. Humidifiers are eligible for reimbursement with a Letter of Medical Necessity (LMN) for flexible spending accounts (FSA), health savings accounts (HSA), and health reimbursement accounts (HRA).

Can I use my HSA to buy melatonin?

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).

Do I need receipts for HSA expenses?

Recordkeeping Requirements

Essentially, any money that comes out of your HSA must have a receipt showing it was for an eligible medical expense. You may face a 20% penalty on any distribution that you cannot prove was for a qualified medical expense.

Can I use my HSA for massage?

Massages with a doctor's note of necessity

In a case like this, accountholders can use their HSA to pay for the massage. For you to use your HSA to pay for the massage, you must provide a letter of medical necessity from your doctor that therapeutic message is really needed.

Can I buy probiotics with HSA?

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