Further – Flexible Spending Account Changes
To: All employees
From: City of Windom
Date: 4/16/2020
Subject: Update to spending account eligibility list
Recently, the IRS expanded the eligible expenses list due to the passing of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. You can find the updated list of expenses at https://learn.hellofurther.com/Individuals/Spending_Your_Account/Eligible_Expenses
Health spending accounts (HSAs) and Flexible spending accounts (FSAs) can now be used to purchase over-the-counter (OTC) medical products and feminine hygiene products without a prescription from a physician. This update is a permanent change to the eligible expenses list and includes retroactive purchases dating back to January 1st, 2020.
Some of the new eligible expenses include:
- Tampons, pads and liners
- Cold, cough, and flu medicine
- Allergy and sinus medicine
- Pain relievers
- Digestive aids and laxatives
- Baby rash ointments and creams
IMPORTANT, the system that allows medical spending account debit cards to work, is dependent on a national network. Until the network is fully up to date with the new eligible expenses, you should:
- Save all of your receipts
- Manually submit for reimbursement from your account
- FSA account holders still need to substantiate the transaction with documentation to get reimbursed
To learn how to access your account online visit: https://learn.hellofurther.com/Individuals/Getting_Started/Registering_Online
If you have additional questions, please contact a Further customer service representative.
Further                        P.O. Box 64193                      Member Service      + 800 – 859 – 2144              hellofurther.com
                                       St. Paul, MN 55164                Sales Support           + 855 – 363 – 2583              info@hellofurther.com