Can I use my flex spending account for over-the-counter medications?

Yes, you can use your flexible spending account for certain over-the-counter medications, but there are specific guidelines that you need to follow. The rules surrounding the eligible items for flexible spending accounts can vary, but recent changes have made it easier to use these accounts for over-the-counter medications without requiring a prescription. Starting in January 2020, the CARES Act expanded the types of qualified medical expenses that can be reimbursed through health flexible spending arrangements. This means that you can now use your flexible spending account to pay for over-the-counter medications such as pain relievers, cold medicine, allergy medication, and other similar items. However, it is essential to retain the receipts for your purchases as you will need to submit them for reimbursement. It is important to note that some products may not be eligible, so it is advisable to check the specific guidelines regarding the eligible expenses for your flexible spending account. The current web page for Discovery Benefits may have the most accurate and up-to-date information on what qualifies as an eligible expense under their plans. Always ensure you keep informed about the current policies regarding flexible spending accounts to maximize your benefits.