Important Change to FSA Eligible Items Effective March 29, 2020
The Coronavirus Aid Relief and Economic Security Act (CARES Act) signed into law on Friday, March 27, 2020, among other provisions, permanently reinstates coverage of over-the-counter (OTC) medicines and drugs as items eligible for reimbursement under Code 213(d) expenses in FSA plans.
FSA participants may submit expenses for OTC medicines and drugs effective immediately, as long as the expense was incurred on or after January 1, 2020. Examples of these items include, but are not limited to: allergy medicine, cold and flu medicine, pain relievers, and more.
Please keep in mind, however, that while Sentinel can accept and approve claims for OTC medicines and drugs immediately, it will take time for the Benny Card to work for such expenses. Please see the FSA Reimbursement Claim Form in the document link below to submit for reimbursement any OTC medicine expenses incurred on or after January 1, 2020.