ST Alpha - "LIR: Flex account is my money that goes into a special account. It's supposed to be able to be used for all healthcare expenses. -- nm" (Reading a Post)

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LIR: Flex account is my money that goes into a special account. It's supposed to be able to be used for all healthcare expenses. -- nm

Posted by sycor Aug 6 '10, 12:23

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Responses:

I have that too called HSA (healthcare spending account) but it won't cover OTC -- nm - zork Aug 6, 12:25 1
- I can have an FSA and an HSA. -- nm - Callisto Aug 6, 12:28
Yes, but OTC is never considered in any form of insurance or flex accpunts that I have ever heard of. -- nm - Spawn Aug 6, 12:25 6
- At least according to wikipedia regarding FSAs and also in my experience, OTC drugs are allowed -- (link) - oblique Aug 6, 12:40 2
  - Interesting. -- nm - Spawn Aug 6, 12:41
  - Interestingly, that same section says that the new law passed will make OTC non-eligible in 2011 -- nm - oblique Aug 6, 12:41
- It is in mine. -- nm - Callisto Aug 6, 12:28
- really? It is on mine and my wife's and we work at two different places. At the pharmacy OTC meds even ring up as FSA eligible. -- nm - sycor Aug 6, 12:26 1
  - I believe the key for many FSA plans is clear descriptions of items on the receipts -- nm - oblique Aug 6, 12:47
the money is deducted for my paycheck over 12 months but I have access to all of it on Jan 1st. -- nm - sycor Aug 6, 12:24

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