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Medications

Is Over-the-Counter Medications HSA-Eligible?

HSA-Eligible

Quick Answer

Yes, over-the-counter medications are HSA-eligible without a prescription. The CARES Act of 2020 made this possible.

What You Need to Know

Since the CARES Act was signed into law in March 2020, over-the-counter medications and menstrual care products are HSA-eligible without needing a prescription. This was a major change that many HSA holders still do not know about. Pain relievers, allergy medications, cold and flu remedies, digestive products, and first aid supplies all qualify.

What Qualifies

  • ●Pain relievers (ibuprofen, acetaminophen, aspirin, naproxen)
  • ●Allergy medications (antihistamines, nasal sprays, eye drops)
  • ●Cold and flu remedies (cough suppressants, decongestants)
  • ●Digestive health (antacids, anti-diarrheal, laxatives, fiber)
  • ●First aid supplies (bandages, antiseptic, gauze, thermometers)
  • ●Menstrual products (tampons, pads, menstrual cups)

Learn More

The CARES Act Quietly Made Your HSA Twice as UsefulThe HSA Reimbursement Trick: Pay Now, Reimburse Later

Pro Tip: Save Your Receipts

Even if you pay out of pocket today, save your receipt. The IRS allows HSA reimbursements with no time limit. You can let your HSA grow tax-free and reimburse yourself months or years later. This is the HSA reimbursement trick that turns everyday medical spending into long-term wealth.

Related HSA-Eligible Items

Prescription Medications

Yes

Yes, all prescription medications are HSA-eligible. Any drug prescribed by a licensed healthcare provider qualifies.

Sunscreen

Yes

Yes, sunscreen with SPF 15 or higher is HSA-eligible. This is one of the most commonly overlooked eligible items.

Acne Treatment

Yes

Yes, acne treatments are HSA-eligible. Over-the-counter and prescription acne products both qualify.

Track Every Eligible Expense

Never Miss an HSA-Eligible Purchase

Tripl tracks your HSA receipts automatically so you can maximize your tax savings. See your total reimbursable amount grow over time.

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