Is Prevacid HSA eligible?

Yes, Prevacid is generally eligible for HSA (Health Savings Account) reimbursement. Prevacid, as an over-the-counter (OTC) medicine, is eligible for HSA, FSA, and HRA reimbursement.

Is Prevacid FSA eligible?

Yes, Prevacid is generally eligible for FSA (Flexible Spending Account) reimbursement. Prevacid, as an over-the-counter (OTC) medicine, is eligible for HSA, FSA, and HRA reimbursement.

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

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

Prevacid

Prevacid, as an over-the-counter (OTC) medicine, 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 IRS considers medicines and drugs purchased for medical care to be qualified medical expenses. Following the CARES Act of 2020, over-the-counter (OTC) medicines, including those like Prevacid used for digestive issues, no longer require a prescription to be eligible for reimbursement from health spending accounts.

When It Qualifies

•The expense must be for medical care as defined by the IRS.
•The product must be used to alleviate or prevent a physical or mental defect or illness.

When It Doesn't

•Expenses for general health or cosmetic purposes are not eligible.
•Products primarily for personal hygiene or general well-being are excluded.

Similar Items

Official Source

IRS Publication 502 (2024)

Medicines and Drugs

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 this information is based on IRS rules, individual plan administrators may have specific requirements. Always retain your receipts for tax and reimbursement purposes. This information is for educational purposes only and not tax or legal advice.