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Kaitlyn747
LIF Toddler
Member since 6/10 399 total posts
Name:
Kaitlyn
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Re: UGH Flex plan!! HELP
THIS year you can stock up on tylenol, first aid kits, bacitarcin, advil....stock up on ALL your over the counter medical stuff.
ANYTHING (almost) medical over the counter. See if sunscreen is on list and stock up for the summer.
Get new glasses frames/glasses
Order new contacts
go see the chiropracter
Go to the dentist for an extra cleaning.
Are tampons on the list?
Get ANY prescription filled that you can.
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Posted 12/8/10 11:46 AM  |
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HeatherRose
Life is Good :)
Member since 11/07 6605 total posts
Name:
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Re: UGH Flex plan!! HELP
Posted by november12003
Posted by HeatherRose
Posted by LoveyQ
Posted by HeatherRose
Posted by TreAnt427
Posted by bicosi
Posted by caps612
stock up on aspirin, cold medicine, vitamins, etc.
if you need contacts or glasses buy them now.
any other dr's you have not been for, try and go to use if on co-pays
DITTO!
Some may flame me but I don't care..
Go to CVS and buy whatever you can..
then return it all and use the money for what you do need.
I don't know if all Flex plans are the same. But I was told by my HR dept that it's no longer allowed.
its no longer as of JANUARY 1, 2011 thats when the IRS law takes effect
Actually, this is a common misconception of the new regulations.
As of 1/1/11, you can still get over the counter items like bandages, contact lens liquid, etc. For over the counter MEDICINES (claritin, advil, tylenol, etc), you will now need a doctor's prescription in order to receive reimbursement, but they will still be eligible for reimbursement with flex.
can you send me a link to where you got that info, because according to IRS.gov thyats not true
IRS 2011 Flex Spend Changes
"Effective Jan. 1, 2011, the cost of an over-the-counter medicine or drug cannot be reimbursed from Flexible Spending Arrangements or health reimbursement arrangements unless a prescription is obtained."
right-that's what I have. I now re-read LoveyQ's post and I thought she said you could still get it I missed the part about getting a prescription because that's what I had read on the site, only with a prescription. Dr's are going to be so overwhelmed with requests for prescriptions ofr bandaids.. I just don't see why the IRS would even do this
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| Posted 12/8/10 11:52 AM |
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HeatherRose
Life is Good :)
Member since 11/07 6605 total posts
Name:
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Re: UGH Flex plan!! HELP
if you buy big ticket items from target and use your debit or credit card, you can send your original reciept into the plan and return whatever you bought with their reciept lookup system. This is 100% fraud to avaid taxes even though its your $$, you will be recieving it back tax free but its your decision to get your $ or lose it.
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| Posted 12/8/10 11:54 AM |
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Blazesyth
*yawn*
Member since 5/05 8129 total posts
Name:
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Re: UGH Flex plan!! HELP
Posted by HeatherRose
right-that's what I have. I now re-read LoveyQ's post and I thought she said you could still get it I missed the part about getting a prescription because that's what I had read on the site, only with a prescription. Dr's are going to be so overwhelmed with requests for prescriptions ofr bandaids.. I just don't see why the IRS would even do this
In my understanding the script is necessary for medication ONLY. They would need to give a script if you want Claritin - not a box of bandaids.
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| Posted 12/8/10 11:57 AM |
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Peainapod
Peanuts are here!
Member since 1/09 13591 total posts
Name:
Diana
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Re: UGH Flex plan!! HELP
drugstore.com has a FSA approved store online with lots of items you can buy..lotions, over the counter stuff.
I dont think they've changed the law yet on using it for OTC stuff
http://www.drugstore.com/fsa-store/qxg59875-0
see what you can use it on there.
do you have any prescription refills you need? get them now.
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| Posted 12/8/10 1:00 PM |
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| Pages: 1 [2] |
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