NyQuil
NyQuil is eligible for HSA, FSA, and HRA reimbursement as an over-the-counter (OTC) medicine.
Eligible for HSA, FSA, HRAhigh confidence
Eligibility Matrix
Eligibility status for all account types
| Account Type | Status |
|---|---|
| HSA | Eligible |
| FSA | Eligible |
| HRA | Eligible |
Quick Reference
The CARES Act of 2020 made over-the-counter (OTC) medicines and drugs, including products like NyQuil, eligible for reimbursement through HSAs, FSAs, and HRAs without the need for a prescription. These expenses are considered qualified medical expenses when used for medical care.
When It Qualifies
- •Must be used for medical care to alleviate or prevent a physical or mental defect or illness.
When It Doesn't
- •Cannot be for general health, cosmetic purposes, or for expenses that are merely beneficial to general health.
Similar Items
Official Source
CARES Act
Sec. 3702. OTC Medical Products
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 generally eligible, specific plan administrators may have their own substantiation requirements. Always retain your receipts for tax and reimbursement purposes. This information is for educational purposes only and not tax or legal advice.