HSA Plan Changes for 2011

maykat

Just a heads up 

We just got a letter in the mail saying that we can no longer pay for OTC meds with our HSA plan..this stinks because I use our card all the time for tylenol and sudafed.

This is for HSA plans--not sure if FSA plans will be affected the same.

DzsGirl

Wonderful....we use it as well. I have a feeling that's only the beginning of bad changes though...

maykat

Here is more info on this.  It's FSA plans too...stinky!!

 

https://blog.ipagj.com/2010/09/changes-to-hsafsa-reimbursements-for-2011/

Kerrin

I got the same letter.  Would have helped to know this BEFORE i put down my monthly reduction.  My letter says that it will go into effect 1/1/11.  So I plan to start stocking up.

MrsL1022

Well that sucks!!!!!! 

KT&John

That sucks bigtime! We use our FSA card for all that stuff. Agreed that we shall burn any $$ remaining in the account on stocking up on necessary OTC stuff.

slwprincess

I noticed this as well.  Seems like that part of Obamacare slipped under the radar b/c I really don't remember this ever being mentioned.  The raising the age limit for dependents I heard about, but not this. 

maykat

slwprincess:

I noticed this as well.  Seems like that part of Obamacare slipped under the radar b/c I really don't remember this ever being mentioned.  The raising the age limit for dependents I heard about, but not this. 

I was thinking the exact same thing. I read up what I could way back when to see how I would be impacted and this was not evident.

Amy_729

maykat:

slwprincess:

I noticed this as well.  Seems like that part of Obamacare slipped under the radar b/c I really don't remember this ever being mentioned.  The raising the age limit for dependents I heard about, but not this. 

I was thinking the exact same thing. I read up what I could way back when to see how I would be impacted and this was not evident.

Makes me wonder what other crap got slipped under the radar. 

JoelsGirl07

I guess you could still itemize and deduct it later...that sucks, though. I'll have to ask the zillion accountants in my family about this one. We were using it to pay for Eli's OTC Prevacid since the insurance won't pay for it either...this bites/

MrsL1022

I bet there will be a rise in Rx's that drs write. People will now ask for RX versions of the OTC drugs so that they can use their HSA/FSA $.