New-Skin
New-Skin liquid bandage is eligible for HSA, FSA, and HRA reimbursement as an over-the-counter medical supply.
Eligible for HSA, FSA, HRAhigh confidence
Eligibility Matrix
Eligibility status for all account types
| Account Type | Status |
|---|---|
| HSA | Eligible |
| FSA | Eligible |
| HRA | Eligible |
Quick Reference
New-Skin is considered an over-the-counter (OTC) medical supply used for the treatment of injuries, specifically minor cuts and scrapes. The CARES Act of 2020 expanded the definition of qualified medical expenses to include OTC medicines and drugs without a prescription, which covers items like liquid bandages used for medical care.
When It Qualifies
- •Must be used for medical care to treat an injury or condition.
When It Doesn't
- •Not eligible if used for general health or cosmetic purposes without a medical need.
Similar Items
Official Source
IRS Publication 502
What Is Medical Care?
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 detailed records and receipts for all purchases for substantiation.