The Coronavirus Aid Relief Economic Security Act (CARES) was signed into law in March. As part of this legislation, consumers can now receive reimbursement for OTC (over-the-counter) medicines using pre-tax Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA). OTC drugs, including homeopathic OTC products, are eligible without the necessity of a prescription from a healthcare professional.
Furthermore, for the first time, expenses for menstrual care products are added to the list of eligible items under an FSA, certain HRAs, and HSAs.
The law is retroactive, such that any qualified OTC purchase since January 1, 2020 can be reimbursed through these pre-tax funds. No end date has been given at this time.