There are a number of changes to employees’ 2020 Medical Flexible Spending account due to passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act on March 27, according to Laura Barnard, human resources.
The rules for reimbursement of over-the-counter (OTC) drugs and medicines have been changed. The CARES Act now allows employees to use their medical FSA funds for over the counter (OTC) medical products without a prescription from a physician. Click here to see OTC list. Please note, Allegiance is working on modifying the debit card system to allow acceptance of these purchases but it is not currently available. At this time, reimbursement requests will need to be manually submitted with copy of receipts of OTC purchases. Notification will be sent by Allegiance once the debit card system has been updated to approve these over the counter purchases.
Please see the UP FSA Plan Document with Amendment Jan 2020(1) Plan Summary Document, final page.
Also, if you have enrolled in a 2020 Dependent Childcare Spending Account and your expenditures in childcare due to parental work status, such as working from home, or due to a dependent care facility initiated change has occurred, you can submit a change request form to modify the amount being withdrawn from paychecks. A form could be submitted again upon return to normalcy. Here is a link to the form: