Is Cortaid HSA eligible?

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

Is Cortaid FSA eligible?

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

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

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

Cortaid

Cortaid is eligible for HSA, FSA, and HRA reimbursement as an over-the-counter (OTC) medicine used for medical care.

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 to be qualified medical expenses if they are purchased for medical care. Following the CARES Act of 2020, over-the-counter (OTC) medicines, such as Cortaid, no longer require a prescription to be eligible for reimbursement from HSA, FSA, and HRA accounts.

When It Qualifies

•The expense must be for medical care, meaning it is primarily for the diagnosis, cure, mitigation, treatment, or prevention of disease, or for the purpose of affecting any structure or function of the body.
•The product must be used by you, your spouse, or your dependents.

When It Doesn't

•Expenses for general health or cosmetic purposes are not 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 this information is based on IRS guidelines, individual plan administrators may have specific requirements or limitations. Always check with your plan administrator for confirmation. It is crucial to keep detailed records and receipts for all medical expenses. This information is for educational purposes only and does not constitute tax or legal advice.