PediaCare
PediaCare products are generally eligible for HSA, FSA, and HRA reimbursement as over-the-counter (OTC) medicines.
Eligibility Matrix
Eligibility status for all account types
| Account Type | Status |
|---|---|
| HSA | Eligible |
| FSA | Eligible |
| HRA | Eligible |
Quick Reference
The CARES Act of 2020 expanded the definition of qualified medical expenses to include over-the-counter (OTC) medicines without the need for a prescription. PediaCare products fall under this category as they are non-prescription medicines designed to treat various medical conditions in children, such as cold, flu, and allergy symptoms.
When It Qualifies
- •The expense must be for medical care as defined by IRS rules, primarily to alleviate or prevent a physical or mental defect or illness.
- •The product must be used for the primary purpose of treating or mitigating a specific medical condition, not for general health or cosmetic purposes.
When It Doesn't
- •Items used for general health or well-being, rather than to treat a specific medical condition, are not eligible.
- •Products that are primarily for cosmetic purposes are not eligible.
Similar Items
Important Notice
- •Your specific plan may have different rules
- •Keep all receipts and documentation
- •This is informational only, not tax or legal advice
While PediaCare products are generally eligible, always check with your specific plan administrator as individual plan rules can vary. Keep all receipts and documentation for your records. This information is for educational purposes only and not tax or legal advice.