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  • Debit Card Rules Change for Over the Counter Medications

    The United States Treasury Department recently  released Notice 2011-05 allowing consumers to use debit cards tied to Flexible Spending Accounts (FSA) and Health Reimbursement Accounts (HRA) at pharmacies to pay for over-the-counter (OTC) medicines or drugs that are prescribed by a doctor or other health professional.

    The current guidance modifies Notice 2010-59 and permits the use of FSA and HRA debit cards for OTC drug purchases provided:(1) a prescription is presented to the pharmacist;(2) the OTC medication is dispensed according to state prescribing laws and an Rx number is assigned;(3) records of the sale are maintained by the pharmacist and made available to the employer on request; and(4) the debit card system will not accept a charge for an OTC medication unless an Rx number has been assigned

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