BELLEVUE, Wash. Drugstore.com on Tuesday released a statement reminding flexible spending account participants that they need to use the money left in their accounts by the end of the year or they will lose it.
"Drugstore.com had the first FSA-only online store, and we're proud to be a reliable source of information to help customers save on healthcare costs now and in the future," said David Lonczak, Drugstore.com VP. "We recommend that customers make strategic purchases this year, because healthcare reform is changing FSA rules in the coming year."
Beginning Jan. 1, new regulations will reduce the number of over-the-counter products automatically eligible for FSA, Drugstore.com noted. Some of those products will continue to be covered, but only with a doctor's prescription. Item eligibility and information will be updated online at Drugstore.com/FSA to reflect the changes.