Opcon-A
Opcon-A, an over-the-counter (OTC) allergy eye drop, 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 |
|---|---|
| HSA | Eligible |
| FSA | Eligible |
| HRA | Eligible |
Quick Reference
The CARES Act of 2020 expanded the definition of qualified medical expenses to include over-the-counter (OTC) medicines and drugs without the need for a prescription. Since Opcon-A is an OTC medication used for treating a medical condition (allergies), it qualifies as a medical expense.
When It Qualifies
- •The expense must be for medical care as defined by IRS rules.
- •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.
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 purposes and consult with your plan administrator for any specific rules.