Coricidin
Coricidin is eligible for HSA, FSA, and HRA reimbursement as an over-the-counter (OTC) medicine.
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 to be qualified medical expenses. Following the CARES Act of 2020, over-the-counter (OTC) medicines, including those like Coricidin used for cold and flu symptoms, no longer require a prescription to be eligible for reimbursement from health spending accounts.
When It Qualifies
- •The product must be used for medical care, which includes 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
- •Products used for general health or cosmetic purposes are not eligible.
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 the IRS determines general eligibility, specific plan administrators may have their own rules or require additional documentation. Always keep your receipts for tax purposes and verify with your plan administrator for final confirmation. This information is for educational purposes only and not tax or legal advice.