Tag Archives: Medical Savings Accounts

IRS Issues New Guidance on PPACA Changes to OTC Medical Expenses for Flexible Spending Accounts

On September 3, 2010, the Internal Revenue Service (IRS) issued Notice 2010-59, a guidance reflecting statutory changes related to the use of health reimbursement arrangements (HRA) and health flexible spending accounts (FSA) for payment of over-the-counter drugs and medications. Related to accident and health plans that are provided by employers, including FSAs and HRAs, The [...]

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IRS Issues New Guidance on PPACA Changes to OTC Medical Expenses

On September 3, 2010, the Internal Revenue Service (IRS) issued Notice 2010-59, a guidance reflecting statutory changes related to the use of health reimbursement arrangements (HRA) and health flexible spending accounts (FSA) for payment of over-the-counter drugs and medications. Related to accident and health plans that are provided by employers, including FSAs and HRAs, The [...]

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