Burn cream
Burn cream is eligible for HSA, FSA, and HRA accounts as it is considered an over-the-counter (OTC) medicine used for treating a medical condition.
Eligibility Matrix
Eligibility status for all account types
| Account Type | Status |
|---|---|
| HSA | Eligible |
| FSA | Eligible |
| HRA | Eligible |
Quick Reference
The IRS considers medicines and drugs that are used to alleviate or prevent a physical or mental defect or illness to be qualified medical expenses. Following the CARES Act of 2020, over-the-counter medicines, including burn cream, no longer require a prescription to be eligible for reimbursement from health spending accounts.
When It Qualifies
- •The burn cream must be used for medical care, meaning 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 Doesn't
- •Burn cream used for general health or cosmetic purposes, rather than treating a specific burn or medical condition, would not be 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 burn cream is generally eligible, it's always best to confirm with your specific plan administrator as individual plan rules can vary. Always retain your receipts for tax and reimbursement purposes. This information is for educational purposes only and not tax or legal advice.