Is Colace HSA eligible?

Yes, Colace is generally eligible for HSA (Health Savings Account) reimbursement. Colace, an over-the-counter (OTC) stool softener, is eligible for HSA, FSA, and HRA reimbursement.

Is Colace FSA eligible?

Yes, Colace is generally eligible for FSA (Flexible Spending Account) reimbursement. Colace, an over-the-counter (OTC) stool softener, is eligible for HSA, FSA, and HRA reimbursement.

Do I need a prescription or Letter of Medical Necessity for Colace?

No special documentation is typically required for Colace. However, always keep your receipts for substantiation.

Colace

Colace, an over-the-counter (OTC) stool softener, is eligible for HSA, FSA, and HRA reimbursement.

Eligible for HSA, FSA, HRAhigh confidence

Eligibility Matrix

Eligibility status for all account types

Account Type	Status	Notes
HSA	Eligible	Health Savings Account
FSA	Eligible	Flexible Spending Account
HRA	Eligible	Health Reimbursement Arrangement

Quick Reference

The CARES Act of 2020 made over-the-counter (OTC) medicines and drugs, including stool softeners like Colace, eligible for reimbursement with a health savings account (HSA), flexible spending account (FSA), and health reimbursement arrangement (HRA) without needing a prescription. These expenses are considered qualified medical expenses because they are used for the diagnosis, cure, mitigation, treatment, or prevention of disease, or for the purpose of affecting any structure or function of the body.

When It Qualifies

•The product must be used for medical care as defined by IRS rules.

When It Doesn't

•Products used for general health or cosmetic purposes are not eligible.

Similar Items

Official Source

IRS Publication 502 (2024)

Medicines

View on IRS.gov

Important Notice

•Your specific plan may have different rules
•Keep all receipts and documentation
•This is informational only, not tax or legal advice

While generally eligible, always check with your specific plan administrator as individual plan rules may vary. Keep all receipts and documentation for your records. This information is for educational purposes only and not tax or legal advice.