Employers and advisors have been seeking cafeteria plan relief in connection with the COVID-19 outbreak and will appreciate being able to offer additional flexibility to employees.
Included in the Act is a provision reauthorizing the ability of participants in health care FSAs, certain Health Reimbursement Arrangements (HRAs), and health savings accounts (HSAs) to have over-the-counter medications as items eligible for reimbursement without the necessity of a prescription.