If you have had an FSA, HRA or HSA in recent years, you have likely encountered the inconvenience of needing a prescription to reimburse your over-the-counter (OTC) drugs & medicines or have opted to forego reimbursement altogether.
As a direct result of the Health Care Reform Bill, participants have been required since January 1, 2011 to obtain a prescription in order to reimburse OTC drugs and medicines from an FSA, HRA or HSA. This particular provision of the health care law has perplexed many as it goes directly against the goals of the law to “make health care affordable”. Participants seeking a prescription for these OTC expenses are often required to pay for doctor’s visits or prescription writing fees, which negate any savings they would have had from purchasing OTC items or from using pre-tax dollars.
Congress has made the first steps to remedy this with the introduction of H.R.3513 – Prescription Drug Affordability Act of 2015. The bill has recently come out of the Ways and Means Committee and is under review by the Committee on Energy and Commerce, along with the Judiciary Committee.
Contact your representatives to let them know you support affordable healthcare and you support H.R. 3513.