Healthcare reform and its tax implications
Key tax changes affecting individuals as a result of healthcare reform:
Limits on reimbursement of over-the-counter medications from HRAs, HSAs, FSAs and MSAs. Over-the-counter drugs not prescribed by a doctor are excluded from being reimbursed through a health reimbursement account (HRA) or health flexible savings accounts (FSAs) and from being reimbursed on a tax-free basis through […]
Heathcare Reform to Restrict Use of FSAs, HRAs and HSAs
As the recently enacted Patient Protection and Affordable Care Act continues to move toward full implementation, it is apparent that the bill could very well change the manner in which we use our coverage. One aspect of the bill that has caused a stir amongst insured individuals is concerning the guidelines for the […]
