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Changes to FSA and HSA Usage Under CARES Act

By April 30, 2020 May 4th, 2020 Coronavirus

The Coronavirus Aid, Relief and Economic Security Act (CARES Act) provides assistance for individuals and businesses negatively impacted by the COVID-19 pandemic.

Part of the CARES Act covers changes to FSA and HSA usage:
• Reimbursement of over-the-counter medicines
• Reimbursement of menstrual care products
• Telemedicine appointments for HSA-qualified plans