Return Of Buying OTC Drugs With Pre-Tax Accounts Slow To Dawn On Consumers After 10-Year Sunset
"Because of what a lot of consumers are facing right now, layoffs, furloughs, working online, they may not be aware of how this health savings account benefit can serve them at this time,” says Finance Bar CEO Marsha Barnes. CHPA is preparing digital campaign to explain that health savings, flexible spending and similar pre-tax accounts once again can be used for direct purchases of OTC drugs.
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Vous Vitamin partners with employers on its Employer Vitamin Education & Access Perks Program to offer their employees customized vitamins at a discount. The firm says the program will help consumers similar to allowing spending on supplements with pre-tax savings accounts.