Temporary Enhancements to Medical Plan Coverage
Testing and vaccinations for COVID-19 will be paid at 100% only during a declared National Public Emergency period. When such period ends, coverage for these services will be paid according to the applicable medical plan benefit levels.
Changes to health savings accounts (HSAs) and flexible spending accounts (FSAs)
Certain over-the-counter (OTC) drugs and medications are now qualified medical expenses
- The CARES Act restores the ability to use HSAs and FSAs to purchase certain OTC drugs and medications, like aspirin and other pain medications, allergy medication, etc., without a doctor’s prescription.
- For the first time, menstrual care products are considered qualified medical expenses for payment or reimbursement with an HSA, FSA or HRA.
- Both provisions for OTC and menstrual products apply to amounts paid or expenses incurred on or after January 1, 2020 and are ongoing without an expiration date*.
Important note for FSA Accounts:
Employees can use account funds to purchase these products now under the new Act. However, you may attempt to purchase OTC drugs and medications or menstrual care products with your Optum Bank payment Mastercard® and be unable to. This is because individual merchants, like pharmacies and convenience stores, must update their point of sale (POS) system to now recognize these products as qualified medical expenses for FSA.
Use your payment card as you normally would for these purchases, and if the sale will not process, you can pay out of pocket with the option to reimburse yourself with account funds. As a reminder, keep your itemized receipt or explanations of benefits, which are needed to verify each purchase so you can be reimbursed. To submit a claim for reimbursement, sign in to optumbank.com and select “File a Claim” from the “I want to” section.