Bill Introduced to Repeal OTC Exclusion and $2,500 FSA Cap
Date Published: Monday, February 14, 2011
Last week, Senator Kay Bailey Hutchison (R-TX) and Representative Erik Paulsen (R-MN) reintroduced the "Patients' Freedom to Choose Act." This legislation would repeal the health reform provision that requires individuals to have a prescription for over-the-counter (OTC) medicines in order to receive reimbursement through a Flexible Spending Account (FSA), Health Reimbursement Arrangement (HRA) or Health Savings Account (HSA). It would also repeal the $2,500 FSA cap set to become effective on January 1, 2013.
Please refer to the file below for additional information.